The International Monetary Fund has urged Pakistan to cover its revenue shortfall by ensuring full recovery of the Super Tax, following a Federal Constitutional Court ruling that upheld Section 4B of the Income Tax Ordinance, 2001. The court dismissed challenges to the Super Tax and partially nullified earlier High Court judgments concerning Section 4C, clearing the way for the Federal Board of

Gold prices surged above $5,200 an ounce, reaching a record high as investors sought safety amid economic and geopolitical uncertainty. The yellow metal extended its historic rally, following a 64% gain in 2025 driven by safe-haven demand, US monetary policy easing, strong central bank purchases, and record inflows into exchange-traded funds. China continued its gold-buying spree for a

Pakistan and Australia have explored opportunities to expand cooperation in the mining and gemstones sectors, reflecting growing international interest in Pakistan’s mineral resources. Federal Minister for Petroleum Ali Pervaiz Malik met with the newly appointed Australian High Commissioner to Pakistan, Timothy Kane, to discuss enhanced bilateral collaboration in these areas.

The Sindh government has raised flour prices in Karachi by Rs8 per kilogram, bringing the retail price to Rs107 per kilogram, or Rs1,070 for a 10-kilogram bag, according to a notification issued by the Karachi commissioner. The ex-mill price has been set at Rs104 per kilogram, totaling Rs1,040 for a 10-kg bag. Previously, flour was priced at Rs99 per kilogram in December 2025, showing a steady

The Saudi Riyal (SAR) is trading at Rs74.68 per Pakistani Rupee (PKR) in the open market today, reflecting a slight strengthening of the Rupee compared to early January levels, when the rate reached Rs75.11 on January 8, 2026. Over the past six months, the SAR/PKR pair has generally fluctuated between Rs74.57 and Rs76.05, with the Riyal hitting a six-month high of Rs76.05 in September 2025 due

Prices at major UK retailers rose at the fastest pace since February 2024, driven by higher costs for food, furniture, and health and beauty products. The British Retail Consortium’s shop price index recorded a 1.5% annual increase in January, up from 0.7% in December. Food prices rose 3.9% compared with a year earlier, the largest increase since October 2025, while non-food prices increased

Investments by German companies in China reached a four-year high in 2025, highlighting how trade policies under U.S. President Donald Trump have encouraged firms and governments to strengthen business ties elsewhere. Data from the IW German Economic Institute showed that German investments in China exceeded 7 billion euros ($8 billion) between January and November, up 55.5 percent from 4.5

The Pakistan Telecommunication Authority (PTA) has invited mobile phone manufacturers in Pakistan for consultations as the country prepares for the launch of 5G services. These discussions aim to align the local handset ecosystem with 5G requirements and ensure that devices are ready ahead of the upcoming spectrum auction. Pakistan currently hosts 36 mobile phone manufacturing companies,

The government is set to hold final discussions on proposed public relief measures during upcoming economic review talks with the International Monetary Fund, as preparations ramp up ahead of the next IMF mission. Sources indicate that the relief proposals were reviewed during a recent meeting between Prime Minister Shehbaz Sharif and the IMF Managing Director, after which the prime minister

S&P Global Market Intelligence has projected easing inflation, gradual economic growth, and a manageable current account for Pakistan, broadly aligning with the State Bank of Pakistan’s outlook, according to Adviser to the Finance Minister Khurram Schehzad. S&P forecasts inflation at 5.1 percent in 2026, rising slightly to 5.6 percent in 2027, which falls within the SBP’s expected range