Latest news and updates related to the economy, inflation, and financial policies.
ISLAMABAD — Transitioning away from coal and expanding renewable energy infrastructure are critical to mitigating Pakistan’s economic risks and circular debt, emphasized energy experts and policymakers during a high-level policy dialogue organized by the Sustainable Development Policy Institute (SDPI) in collaboration with United Nations ESCAP.
ISLAMABAD — Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, has paid rich tribute to the people of Jammu and Kashmir for their steadfast resolve, courage, and sacrifices on the occasion of Youm-e-Ilhaq-e-Kashmir (Kashmir Accession Day).
ISLAMABAD — Prime Minister Muhammad Shehbaz Sharif has directed all relevant authorities to ensure that national development projects under the Public Sector Development Programme (PSDP) are completed strictly within their stipulated timelines and to the highest quality standards.
ISLAMABAD, PAKISTAN — Solidifying its status as the crown jewel of the national service economy, Pakistan’s information technology (IT) and IT-enabled services (ITeS) exports closed the fiscal year 2025-26 at a historic $4.6 billion.
According to data released by the State Bank of Pakistan (SBP), the sector achieved a phenomenal 21% year-on-year growth, surging past last year’s $3.8 billion mark. With this milestone, technology has firmly cemented its position as by far the largest services export category in the country, accounting for nearly 46% of total service-related foreign exchange inflows.
ISLAMABAD, PAKISTAN — In a major breakthrough for Pakistan’s healthcare sector and industrial localization goals, the two-day Pakistan–China Pharmaceutical & Healthcare B2B Investment Conference successfully concluded in Islamabad.
BOSTON / ISLAMABAD — In a strategic move to transition towards a data-driven welfare economy, Pakistan’s Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, met with Prof. Iqbal Dhaliwal, the Global Executive Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). The high-level meeting focused on exploring a robust institutional collaboration aimed at introducing evidence-based policymaking to tackle poverty, enhance human development, and accelerate inclusive growth across Pakistan.
NEW YORK / ISLAMABAD — Federal Minister for Planning, Development & Special Initiatives, Prof. Ahsan Iqbal, visited the Cornell University College of Agriculture and Life Sciences (CALS) to explore strategic partnerships aimed at advancing higher education, technological innovation, and sustainable agricultural practices in Pakistan.
NEW YORK / ISLAMABAD — In a major step toward modernizing Pakistan’s agricultural landscape, the Federal Minister for Planning, Development & Special Initiatives, Prof. Ahsan Iqbal, held a high-level meeting at Cornell University’s Integrated School of Plant Sciences.
KARACHI: In a major milestone for the country’s financial ecosystem, Pakistan’s digital banking user base has soared to 135 million, comfortably exceeding the initial target of 120 million.
This landmark achievement was highlighted during the Pakistan Banking Summit 2026 (PBS’26), the premier annual flagship event hosted by the Pakistan Banks Association (PBA) in Karachi.
KARACHI: The Pakistan Banks’ Association (PBA) has extended its warmest congratulations to Mr. Adil Salahuddin on his recent appointment as the Chief Executive Officer (CEO) and Head of Coverage at Standard Chartered Bank (Pakistan) Limited.