Topic
pakistan economy
Every story Skardu Times has filed on pakistan economy, newest first.
SBP raises policy rate to 12% and projects $25bn reserves
Governor Jameel Ahmed says the $3.5 billion build-up to June 2027 will come mainly from dollar purchases in the market rather than fresh borrowing.
KSE-100 gains 266 points as investors stay cautious
Benchmark index closed at 170,765.22 points, up 0.16 percent after Thursday's fall of 1,733.57 points, with investors wary of Iran-US tensions.
HUBCO BYD venture posts Rs33 million quarterly loss
The Hub Power Company's electric vehicle joint venture reported a Rs33 million loss for the quarter ended June 2026, but nine-month results remain profitable.
PSO posts Rs15.07bn profit, fuel supply unbroken during Hormuz crisis
The state-owned company also reported a 20.5 percent rise in gross profit excluding LNG and higher market share in fuels.
Austerity drive to save Rs16.8 billion, finance secretary says
Finance Secretary Imdad Ullah Bosal told a National Assembly committee that most savings will come from cuts to official vehicle fuel and non-salary spending.
Only two new retailers enter tax net under fixed scheme
The federal scheme aimed at bringing small shopkeepers into the tax system has collected Rs26 million against a Rs50 billion annual target, official data shows.
ADB keeps Pakistan growth forecast at 3.7 percent
The Manila-based lender also sees inflation at 8.3 percent, above the government's 7 percent estimate, for this fiscal year.
Finance Division dismisses petroleum levy centrepiece reports as misleading
The ministry said Pakistan's IMF programme is a whole-of-government effort and the levy is only one revenue instrument, not a central condition.
Mobile phone imports fall 8.85pc in two months
Imports totaled $274.129 million in July-August of fiscal 2026-27, down from the same period last year, APP reported.
Gold falls Rs1,800 per tola for second day
Ten grams declined by Rs1,543 to Rs390,720 while silver lost Rs62 per tola, dealers said.
Finance Ministry restricts supplementary grants under IMF conditions
Ministries must first use reappropriation and technical grants, with exceptions mainly for severe natural disasters, under the $7 billion Extended Fund Facility.
