The Punjab government has approved development projects worth Rs. 16 billion, marking a significant step toward sustainable growth across the province. These initiatives target key sectors including agriculture, livestock, healthcare, tourism, and heritage, aiming to improve the quality of life for farmers, livestock owners, patients, and tourists. The approval came during a meeting of the

The Pakistani rupee has continued its upward momentum in 2026, extending its winning streak against the US dollar to 81 consecutive trading days, reflecting sustained exchange rate stability after years of volatility. In the interbank market, the rupee closed at PKR 279.95 per dollar, posting a marginal gain of one paisa. While the daily movement appears minor, the broader trend highlights

Pakistan’s grid electricity demand continues to remain under pressure while rooftop solar adoption through net metering has surged almost fourfold over the past two years, according to the State of Industry Report 2025 released by the power regulator NEPRA.

The Universal Service Fund (USF) has announced a bidding process for the provision of Next Generation-Broadband for Sustainable Development (NG-BSD) services in a small lot, targeting unserved and underserved communities in selected regions. This initiative aims to bridge the digital divide and improve access to telecommunication services in remote areas, aligning with USF’s mandate.

Pakistan’s Large Scale Manufacturing (LSM) Index recorded a 10.4 percent year-over-year increase and a 0.2 percent month-over-month rise in November 2025, reflecting steady industrial activity. During the first five months of FY26, the LSM grew by 6 percent compared to the same period last year.

Jazz, Pakistan’s leading connectivity provider, has partnered with global technology firm ZTE and local distributor Siccotel to make affordable 5G smartphones more accessible across the country. Currently, only about 2% of smartphones in Pakistan are 5G-enabled, limiting the impact of network upgrades and slowing digital readiness needed for national productivity and economic growth.

The Ministry of Privatization has called for technical and financial proposals from experienced firms to appoint a financial advisor for the Roosevelt Hotel in New York City. The advisory role is linked to a proposed joint venture for a mixed-use development of this prime government-owned property in Manhattan. The Roosevelt Hotel spans 19 storeys, houses 1,025 rooms, and covers approximately

The federal government has raised the petroleum levy on petrol and high-speed diesel, keeping fuel prices unchanged for the next fortnight despite a decline in international oil prices. The move has effectively absorbed any potential relief that could have been passed on to consumers at the pump.

Pakistan’s current account deficit is projected to widen in fiscal year 2026–27, according to the World Bank’s latest Global Economic Prospects report. The report notes that rising imports alongside a normalization of remittances could increase pressure on external financing.

Pakistan is advancing its digital finance ecosystem as the Ministry of Finance signed a Memorandum of Understanding with SC Financial Technologies LLC, an affiliate of World Liberty Financial, to explore emerging digital payment systems, including the potential use of the firm’s USD1 stablecoin for cross-border transactions. The MoU focuses on structured dialogue and technical collaboration to