Punjab Enters Final Stage of 2026-27 Budget Planning
The Punjab government is gearing up to present its fiscal year 2026-27 budget on June 8, marking one of the largest budgetary exercises in the province’s history. With a total size of approximately Rs6 trillion, the budget aims to prioritize development projects, digital transformation, and public welfare, with significant allocations for both urban and rural […]
SBP Buys $27 Billion in Major Push to Strengthen Reserves
The State Bank of Pakistan (SBP) has purchased nearly $27 billion over the past three and a half years as part of efforts to strengthen the country’s foreign exchange reserves and stabilize the economy. The large-scale dollar buying reflects Pakistan’s ongoing strategy to manage external pressures and support financial stability. Massive Dollar Purchases by SBP […]
SBP Raises Policy Rate by 100bps to 11.5% Amid Inflation Concerns
The State Bank of Pakistan (SBP) has increased the monetary policy rate by 100 basis points (bps) to 11.5%, marking a shift toward a tighter monetary policy. The decision was taken by the Monetary Policy Committee (MPC) in response to emerging inflationary risks and changing global economic conditions. Why the Rate Was Increased The central […]
Pakistan Returns Final $1 Billion to UAE as Deposit Repayment Completed
Pakistan has completed the repayment of its deposits to the United Arab Emirates, marking a significant financial milestone. The State Bank of Pakistan (SBP) confirmed that the final $1 billion installment has been transferred, bringing the total repayment to $3.45 billion within a short period. Final Payment Confirmed by SBP The SBP confirmed that Pakistan […]
Motorcycle Subsidy Falls Short as Fuel Relief Fails to Reach Millions
What was announced as a major relief for millions of motorcyclists has turned into disappointment. Pakistan’s motorcycle fuel subsidy, introduced after a massive petrol price hike, has yet to provide meaningful relief, leaving commuters and low-income earners struggling to cope with rising costs. Relief Announced, But Not Delivered The government had unveiled a targeted subsidy […]