News

IMF third review talks likely in Feb

The International Monetary Fund (IMF) review mission is set to visit Pakistan next month to negotiate the third economic review of the ongoing loan programme. The completion of the third review would unlock the next $1 billion tranche for Pakistan under the programme. According to officials, Pakistan's economic team has accelerated preparations for the review process and has already shared k

Chinese tech delegation explores long-term investment in Pakistan’s IT sector

A Chinese technology delegation has expressed interest in exploring long-term partnerships and investment opportunities in Pakistan's information technology sector, citing the country's expanding digital ecosystem and the availability of skilled human resources. The two-member delegation from the Leviathan Group, which specialises in big data centres, advanced digital solutions and smart techno

World Bank flags irrigation failures

The World Bank says Pakistan is among the countries facing severe water scarcity, with large volumes of water wasted due to inefficient irrigation systems and ineffective agricultural practices. Emphasising the need for improvements in the tax system, more efficient use of water and subsidy reforms, the Bank has identified wide-ranging reform requirements in the agricultural and social sectors.

Copper exports to China cross $1.14b

In 2025, Pakistan's mineral exports to China recorded strong and diversified growth, according to the latest trade data, underscoring deepening industrial cooperation and rising demand from China's manufacturing, infrastructure and green-energy sectors. According to China's General Administration of Customs (GACC), among the standout performers, copper and copper-based exports continued to expa

$430m US crude deal struck

Pakistan has found an alternative oil supply route as a $430 million US crude deal by the private sector has helped reduce reliance on the Hormuz route and narrow the trade gap. In a notable private sector development with broader economic implications, Cnergyico Pk has executed a commercial transaction for the import of six million barrels of US West Texas Intermediate (WTI) crude valuing at a