Finance Minister Mohammad Aurangzeb on Monday said the government is finalising an industrial policy aimed at fostering a business-friendly environment and accelerating industrialisation, as Pakistan moves towards macroeconomic stability and sustainable growth. Speaking at a consultative workshop titled ‘Unlocking Capital Market Potential for Banks’, organised by the Securities and Exchange Co
With conventional capital markets remaining uncertain and largely unfavourable, Pakistan plans to shift its focus towards Sustainable Bonds and Panda Bonds over the next three years to diversify external financing and tap into climate-related funding opportunities. According to the Medium Term Debt Strategy (MTDS 2026–28), external financing will continue to prioritise multilateral and bilatera
The Pakistan Stock Exchange (PSX) extended its bullish run for the eighth consecutive week, underpinned by Moody’s sovereign rating upgrade, strong corporate earnings and optimism over policy continuity. Despite intermittent volatility, the KSE-100 index touched an all-time high of 147,005 points during the four-day trading week before settling at 146,492 points on Friday, gaining 1,109 points or
WITH the country currently in the grip of cataclysmic monsoon rains, every passing day brings with it more reports of deaths and destruction. Among the losses to life and property, images of damaged vehicles — either swept up by floodwaters or battered by falling debris — have become a common sight. Alongside lost homes, businesses and civic amenities, damage to vehicles constitutes a major
The government is almost set to allow new gas connections at the price of imported LNG — around Rs3,900 per million British thermal unit (mmBtu) at the current rate — and almost four times the current connection fee. Sources told Dawn that a summary has been moved by the petroleum division to the federal cabinet for lifting the ban on new connections, with a first-year target of 120,000. Pri