Pakistan's trade deficit stood at $3.31bn (Rs920.10bn) in August 2026, narrowing by 16.24% compared to a deficit of $3.95bn (Rs1,099.72bn) in July 2026, according to revised data released by the Pakistan Bureau of Statistics (PBS). On a year-on-year basis, the trade deficit widened by 15.11% compared to $2.87bn (Rs812.00bn) recorded in August 2025. Exports fell by 13.86% MoM to $2.54bn (Rs70
Pakistan and Saudi Arabia are pushing their Economic Cooperation Framework into the implementation phase as the latter has asked Pakistan to document progress on agreed reforms and sector initiatives through 2030. Sources in the Economic Affairs Division told The Express Tribune that Saudi authorities had called for preparing detailed cooperation and progress cards covering initiatives, investm
The Securities and Exchange Commission of Pakistan (SECP) has approved Shaamilkar Tajir, a digital application offering Shariah-compliant financing of up to Rs3 million to eligible small businesses. Developed by SECP-licensed Shaamilkar Financial Services, the application will enable micro-entrepreneurs to purchase inventory from approved suppliers through a simpler and faster digital process.
Pakistan is developing a National Private Equity Framework to mobilise institutional capital into businesses and projects as the government seeks to increase the role of private investment in the country’s next phase of economic growth, Finance Minister Muhammad Aurangzeb said. The finance minister informed, while addressing the “Fireside Chat: Pakistan: External Shocks Remain Manageable” at th
Nishat Group’s automotive venture, NexGen Auto, has officially revealed the prices of the iCAUR V27 and iCAUR V23, marking a major step forward in the introduction of the iCAUR brand to Pakistan. The collaboration was announced in April 2026, at a landmark ceremony held in Beijing, between Nishat Group and Chery International (the parent company of iCAUR). Built around the philosophy “Born to P