Commerce Reporter

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s GDP growth at 3.6% for fiscal year 2025-26 (FY26), which falls short of the government’s

KARACHI: The price of gold in Pakistan dropped by Rs1,600 per tola on Tuesday, following a decline in international rates, according to the All-Pakistan Gems and Jewellers Sar

KARACHI: Pakistan’s recent crackdown on black market dollar trading has led to a temporary strengthening of the rupee but has pushed informal currency deals undergr

ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday directed the Federal Board of Revenue (FBR) to submit the names of sugar mill owners who benefited from export subsid

ISLAMABAD: In a significant step toward financial stability, the federal government is preparing to reduce Pakistan’s circular debt in the power sector from Rs2.381 tril

ISLAMABAD: Pakistan’s government has approved a major new housing scheme aimed at constructing 5 million affordable homes nationwide, Finance Minister Muhammad Au

ISLAMABAD: To regulate over Rs100 billion in tobacco leaf transactions and ensure the collection of Rs390 per kilogram in advance tax, the Federal Board of Revenue (FBR) has i

ISLAMABAD: The International Monetary Fund (IMF) has rejected a proposed marginal energy relief package submitted by Pakistan’s Ministry of Energy, according to sources

MANILA: The Asian Development Bank (ADB) has lowered its growth outlook for developing Asia and the Pacific, warning that rising US tariffs and persistent global trade tension

ISLAMABAD: The National Assembly Standing Committee, led by Chairman Jawed Hanif Khan, has initiated a formal inquiry into the sharp rise in sugar prices across Pakistan. Duri