Islamabad: Oil and Gas Development Company Limited (OGDCL) has announced a major oil and gas discovery at the Faakir-1 well in Khairpur, Sindh. The discovery is part of the company's exploration efforts within the Bitrisim Exploration License area and...
Read More »Currency Exchange Rates Show Subtle Shifts in Pakistan
Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates, revealing slight fluctuations in the value of various international currencies against the Pakistani Rupee. The rates, which reflect the buying and selli...
Read More »Federal Budget FY26 Unveiled: Ambitious Growth Plans Amid Fiscal Austerity
Islamabad: The Federal Budget for FY26 has been unveiled in the National Assembly, presenting a strategic plan aimed at fostering economic growth while tightening fiscal discipline and aligning with the International Monetary Fund's conditions. The bu...
Read More »Intertextile Shanghai Apparel Fabrics to Showcase Global Textile Innovations
KARACHI: The Intertextile Shanghai Apparel Fabrics - Autumn Edition is scheduled to be held from September 2 to 4, 2025, at the National Exhibition and Convention Center in Shanghai. This event is recognized as a significant gathering in the global ap...
Read More »Pakistan’s Economic Plans Align with CPEC Goals, PCJCCI Reports
Lahore: Nazir Hussain, President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), commended the government's recent release of the Pakistan Economic Survey 2024-25 and Budget 2026. He stated these initiatives demonstrate Pakistan...
Read More »Fiscal Deficit Projected to Hit 20-Year Low as Federal Budget FY25-26 Unveiled
Islamabad: The Federal Budget for the fiscal year 2025-26 has been revealed, projecting a fiscal deficit of 3.9% of GDP, the lowest in two decades. This reduction is attributed to an estimated 18.7% growth in tax revenues and significant cuts in debt ...
Read More »Pakistan’s Economic Outlook Shows Promising Signs of Recovery
Islamabad: The Pakistan Economic Survey for the fiscal year 2025 was unveiled, showcasing a significant turnaround in the nation's economic landscape. Finance Minister, accompanied by the Finance Secretary and other officials, highlighted key trends, ...
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