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Govt borrows Rs1tr debt in a week

The government of Pakistan has acquired an additional debt of Rs1.05 trillion during the week ended June 26, 2026, which brings its total net borrowing for ongoing fiscal year 2027 to Rs2.97 trillion, according to the central bank's weekly estimates. The government sector borrowings are divided into three broad categories based on the purpose of loan which are budgetary support, commodity opera

Aurangzeb reaffirms commitment to Medium-Term Tax Strategy

The Government of Pakistan will stay the course on its reform agenda to strengthen macroeconomic stability, improve competitiveness, and support sustainable economic growth. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb made these remarks while chairing a meeting with members of the Pakistan Business Council (PBC) during his visit to Karachi, where discussions centred on P

Pakistan purchases more expensive LNG as flows via Strait of Hormuz fail to recover: report

As supplies from Qatar through the Strait of Hormuz remain disrupted, Pakistan bought a liquefied natural gas shipment for delivery later this week at about twice the rate under the Qatari contracts, reported Bloomberg on Monday. TotalEnergies SE sold a cargo for July 10-11 delivery to state-owned Pakistan LNG Ltd. for $17.37 per million British thermal units, read the report, citing traders wi

Pakistan received \'strong interest\' from foreign investors for Discos privatisation: official

Pakistan has received strong interest from foreign investors during the ongoing roadshows being held abroad to sell three power distribution companies (Discos) under the privatisation agenda ahead of the launch of the country’s multi-buyer and competitive electricity market by September 2026, according to a govt official. “We have received a very high and a strong response from [foreign] invest

Gold eases as markets await Fed minutes for direction

Gold prices eased on Tuesday, trading below a ‌two-week high, with investors awaiting the US Federal Reserve’s June meeting minutes for insight into new Chair Kevin Warsh’s monetary policy direction. Spot gold fell 0.6% to $4,138.32 per ounce by 0232 GMT, while U.S. gold futures for ​August delivery eased 0.4% to $4,149.90. “Gold price action looks like a little bit of ​a continuation of las