ISLAMABAD: Pakistan’s National Accountability Bureau (NAB) recovered Rs547.31 billion in assets and funds from corrupt elements in the first half of 2025, the agency said on Saturday, with a robust Rs456.3 billion haul in the second quarter driving its aggressive anti-corruption campaign.
Macro
Worker remittances climb 7.4 percent to $3.2 billion in July
KARACHI: Remittances from overseas Pakistani workers rose 7.4 percent year-on-year to $3.2 billion in July, the State Bank of Pakistan (SBP) said on Friday.
ECNEC approves Rs1.5 trillion in projects
ISLAMABAD: The National Economic Council (ECNEC) on Thursday approved 27 projects worth Rs1.5 trillion in a swift two-hour meeting, prompting fears of fiscal overreach and potential breaches of IMF commitments.
Pakistan launches five-year plan to privatise 24 state-owned enterprises
ISLAMABAD: The government has launched an ambitious five-year plan to privatise 24 state-owned enterprises (SOEs), aiming to boost efficiency and ease the financial strain of loss-making public companies, a minister said on Thursday.
Pakistan secures lowest US tariff in South Asia – minister
ISLAMABAD: Pakistan has secured a trade deal with the United States, locking in a 19% tariff rate—the lowest in South Asia, a government minister said Thursday, a move expected to significantly boost the country’s exports, particularly in textiles.
Nepra cuts power tariffs by Rs1.8881/kWh for next three months
ISLAMABAD: Pakistan’s electricity regulator, the National Electric Power Regulatory Authority (Nepra) on Thursday cut power tariffs by Rs1.8881 per kilowatt hour (kWh) for the next three months, offering relief to consumers of all power distribution companies (Discos), including K-Electric (KE), as they face steep energy bills.
Exports surge in July, reversing recent declines
ISLAMABAD: Pakistan’s merchandise exports posted a robust recovery in the first month of the current fiscal year, rising 16.91% in July 2025, a sharp turnaround from the negative growth recorded in prior months, according to data released by the Pakistan Bureau of Statistics (PBS) on Wednesday.
Pakistan’s fiscal deficit falls to 9-year low, beating IMF, govt targets
KARACHI: Pakistan’s fiscal deficit narrowed to a nine-year low of 5.38% of gross domestic product in the fiscal year 2025, beating both government and International Monetary Fund projections, as a sharp rise in revenues outstripped expenditure growth.
Pakistan arrests eight in raids on illegal forex trade, rupee gains ground
ISLAMABAD: The Federal Investigation Agency (FIA) has arrested at least eight suspects in a series of raids targeting illegal foreign exchange businesses across the country’s southern and southwestern regions, delivering a temporary lift to the beleaguered rupee.
Pakistan orders 200,000 tonnes of sugar to curb price surge
ISLAMABAD: Pakistan has placed an order for 200,000 metric tonnes of sugar from the international market to stabilize domestic prices and ease a deepening crisis fueled by shortages and soaring costs, government said on Saturday.