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IMF forecasts 8.4% inflation in Pakistan

IMF projects Pakistan's inflation at 8.4% for 2026-27, exceeding government targets, with a forecasted decrease in subsequent years.

Karachi flour mills set up fair price stalls

Karachi flour mills set up stalls selling flour at reduced rates to aid citizens, offering a 10 kg bag for 1,250 rupees.

Gold prices drop sharply in Pakistan, globally

Gold prices in Pakistan and globally see a sharp decline after a day's pause, with significant drops in both local and international markets.

World’s largest cargo ship reaches Karachi Port

MSC ERICA, one of the largest container ships, arrives at Karachi Port, showcasing the port's handling capabilities.

Flour prices surge in Karachi after fresh notification

Flour prices in Karachi have increased with a new notification issued. Regular and fine flour rates have risen, while mill flour price remains unchanged.

Gold jumps Rs3,600 per tola as global uncertainty rises

Gold prices have surged globally and locally due to rising Iran-US tensions, with per ounce prices increasing by 36 U.S. dollars.

Pakistan emerges as key gateway to Central Asia, Chairman of the Maritime Task Force

Pakistan's maritime ranking improved by 30% under Iftikhar Ahmed Rao's leadership, enhancing global trade access.

Pakistan, Croatia agree to boost bilateral ties

Pakistan and Croatia agree to enhance cooperation in trade, IT, and tourism during a meeting between PM Shehbaz Sharif and Croatian Foreign Minister in Islamabad.

Pakistan’s GDP growth reaches 3.3% in FY2025-26

Pakistan's GDP growth for 2025-26 was 3.3%, below the estimated 3.7%. Sectoral differences and questionable growth rates in key industries contributed to the shortfall.

S&P praises Pakistan’s economic reforms, Finance Minister

Pakistan's economic performance is improving due to reforms and policies, says Finance Minister. S&P Global praises fiscal discipline and debt sustainability.

Gold price drops by Rs2400 per tola in local market

Gold prices in Pakistan dropped by 2400 rupees per tola, with international rates fluctuating, settling at 4174 U.S. dollars per ounce.

Flour prices rise, 20kg bag hits Rs2,900

Flour prices rise, 20kg bag hits Rs2,900. Karachi sees highest prices.

World Bank flags widening funding gap between Pakistan’s provincial capitals, districts

World Bank warns of funding gaps in Pakistan, highlighting disparities in resource allocation between provincial capitals and districts.

Economic partnerships vital in changing global landscape, says Dar

Ishaq Dar stresses expanding economic ties amid global changes, highlighting Pakistan-Turkiye cooperation and welcoming investments in IT, mining, energy.

Karachi key to boosting Pakistan’s exports, Investment Minister

Minister stresses Karachi's role in boosting exports, highlights challenges like high energy costs. Special economic zone planned with zero duty for ten years.

Pakistan Rice Festival 2026 held in Netherlands

Pakistan Rice Festival 2026 held in Netherlands, promoting basmati rice exports. Over 100 European industry leaders attended.

Iranian president reaches Islamabad for state visit

Iranian President Masoud Pezhkian visits Pakistan to boost bilateral ties, focusing on trade, energy, and regional security.

Kia reduces Sportage price by 1 mn PKR

Kia Pakistan cuts Sportage Alpha price by 1 mn PKR, effective June 22, 2026. New price excludes freight, insurance. Peugeot price cuts announced too.

Pakistanis buy 3 trillion Iranian rials in 5 days

Pakistanis buy 3 trillion Iranian rials in 5 days as rial value doubles post Iran-U.S. agreement.

Solar panel prices drop by 2000 rupees

Solar panel prices in Lahore drop by 2000 rupees due to no tax hike.

Pakistan’s inflation rises by 15.28 pct annually

Pakistan's inflation rises by 15.28% annually due to food prices. Petrol, diesel, electricity, flour, and LPG see significant hikes.

National airline privatization finalized

National airline's privatization deal finalized with all approvals, management control to transfer by June end.

Iranian rial demand surges post peace deal

Iranian rial demand surges in Pakistan post Iran-U.S. peace deal, with 2 trillion rials bought in four days.

No inflation rise after fuel price cut: minister

Finance Minister Aurangzeb says no inflation rise post fuel price cut, with economic growth foundations laid and 18 billion U.S. dollars expected by fiscal year-end.

Pakistan’s IT exports hit record 4.2 bn USD

Pakistan's IT exports hit a record 4.2 bn USD in 11 months, with a 20% increase. Expected to surpass 4.5 bn USD by fiscal year's end.

Pakistan’s current account surplus in May 2026

Pakistan's current account surplus reached 459 mn USD in May 2026, with a fiscal year total of 255 mn USD.

Govt cuts customs tariffs, offers 180 bn relief

Govt reduces customs tariffs in new finance bill, providing 180 bn rupees relief. Duties on over 7,500 raw materials, components, machinery reduced.

PM claims economy stable despite challenges

PM Shehbaz Sharif claims the economy is stable despite challenges, with inflation reduced and policy rates lowered. He emphasizes investment in alternative energy.

Pharma firms urge forex policy change to boost exports

PPMA seeks 35% forex retention for pharma firms to boost exports to 2 bn USD, citing marketing cost coverage. Current 15% limit deemed insufficient by Dr. Waheed.

Customs arrest suspect in 11 crore rupee fraud

Pakistan Customs arrests suspect in 116.5 million rupee fraud under Export Facilitation Scheme, with duty-free imported cotton illegally sold.

Iran-US tensions to impact economy till next year

Finance Minister Aurangzeb says Iran-US tensions will affect economy till next year, subsidies targeted to specific groups. Economic survey to reveal key facts.

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