News

Exhibition strengthens economic ties with Riyadh

Federal Minister for Commerce Jam Kamal Khan engaged in high-level meetings with Saudi officials to enhance economic cooperation and expand trade and investment opportunities between Pakistan and Saudi Arabia. The discussions took place on the sidelines of the 'Made in Pakistan' Exhibition and Business Forum in Jeddah. During a meeting with Abdul Aziz Alsakran, Deputy Governor of the General Au

Reserves rise to $16.1b on $46m boost

Pakistan's total liquid foreign reserves increased by $46 million to reach $16.1 billion. As of January 31, 2025, Pakistan's total liquid foreign reserves stood at $16,044.1 million, according to the State Bank of Pakistan (SBP). These reserves included $11,418.3 million held by the SBP and $4,625.8 million held by commercial banks. During the week ending January 31, SBP reserves increased by $

Pakistan\'s interest costs soar

Pakistan's public debt remained above the sustainable level in the last fiscal year, violating an Act of Parliament due to higher interest expenses, which also neutralised the benefits of exchange rate stability and reductions in other expenditures, states a new government report. The Debt Policy Statement 2025 from the Ministry of Finance officially confirmed that the government could not brin

PSX tumbles 1.4pc as downturn enters fifth day

Despite continued downward interest rate trajectory and relative political calm, the Pakistan Stock Exchange (PSX) witnessed a ruthless bloodbath on Thursday, extending the losing streak to a fifth straight session due to an unabated institutional selling spree, pulling the benchmark KSE 100 index below the psychological barrier of 110,000 intraday. Topline Securities Ltd said such was the sell

Exports to central Asian states fall 17pc in July-Dec

Pakistan’s exports to five central Asian countries (CACs) contracted 17 per cent during the first half of 2024-25. The country’s exports to the region have yet to attain their full potential. Similarly, imports from Kazakhstan, Tajikistan and Uzbekistan to Pakistan have increased significantly despite regular high-profile visits to balance the trade deficit. In absolute terms, the value of P