Menu

Latest News

Four Major Tourism Landmarks Announced for Gwadar Smart Port City
The Gwadar Development Authority (GDA) has launched four major tourism projects under the Gwadar Smart Port City Master Plan to transform the city into a premier regional destination. Executed through public-private partnerships, the initiatives include an Amusement Theme Park, Water Sports facilities, a Food Street, and a GDA Club Complex, with the scenic West Bay designated as the primary recreational hub. To attract investment, the GDA is offering a fast-track single-window approval system and long-term land arrangements. These projects are designed to catalyze the local economy, create jobs, and establish a sustainable tourism ecosystem that highlights Gwadar’s unique marine resources and cultural heritage.
Read more
RDA Unveils PKR 17 Billion Revitalization Plan for Murree Road
The Rawalpindi Development Authority (RDA) has proposed a PKR 17 billion expansion of Murree Road, specifically targeting the congested stretch between Liaquat Bagh and Chandni Chowk. The project aims to widen the road to 20 feet on both sides and introduce dedicated service lanes and parking plazas to streamline traffic. A key feature of the plan is the creation of a signal-free corridor from Marrir Chowk to Faizabad, which is expected to drastically reduce travel time. While land surveys are already underway, the project currently awaits final approval and funding from the Punjab government to begin construction.
Read more
Govt Forms New Committee Following IMF Review
In response to an IMF diagnostic report highlighting institutional weaknesses, the federal government has formed a 15-member high-level committee to overhaul Pakistan’s economic governance. Led by the Finance Minister, the panel is tasked with strengthening accountability and institutional capacity, a move the IMF estimates could boost GDP by 5% to 6.5% over the medium term. The committee includes top officials from the State Bank, SECP, and various ministries, and will submit progress reports to the Prime Minister on a quarterly basis.
Read more
State Bank Reserves Climb to $15.91 Billion
Pakistan's State Bank of Pakistan (SBP) reserves rose by $13 million to $15.915 billion as of December 26, 2025, contributing to total liquid reserves of $21.012 billion despite a slight drop in commercial banks' holdings. This provides about 3.2 months of import cover amid ongoing debt pressures. The improvement marks a strong recovery from 2023 lows below $3 billion, aided by IMF support and bilateral aid, while domestic gold prices fell Rs2,400 per tola to Rs454,562.
Read more
Pakistan’s Trade Gap Expands Sharply in First Half of FY26
Pakistan’s trade deficit widened by 34.6% in the first half of FY26, reaching $19.2 billion. According to the Pakistan Bureau of Statistics, exports fell 8.7% to $15.18 billion, while imports rose 11.28% to $34.38 billion. In December alone, exports dropped 20% year-on-year, while imports increased 2%, underscoring ongoing strain on the country’s trade balance.
Read more
Shaheen Chowk Underpass Opened as Islamabad Unveils 2026 Growth Plan
Islamabad celebrated the new year with the opening of the Shaheen Chowk underpass, marking the completion of 18 development projects in 2025. The project, completed in a record 63 days instead of the slated 150, is part of a major infrastructure push that includes the Serena Interchange and Murree Road underpass. Looking ahead, Interior Minister Mohsin Naqvi announced "Vision 2027", a two-year roadmap for 2026–2027. This next phase will shift focus toward urban beautification, overhauling city parks, and doubling the number of development projects to modernize the federal capital's image.
Read more
KP Govt Commits PKR 4bn Bridge Financing for Northern Bypass
To expedite the long-stalled Peshawar Northern Bypass, the Khyber Pakhtunkhwa government has agreed to provide PKR 4 billion in bridge financing through bank guarantees. The 30-kilometer project has been delayed for 17 years due to inconsistent federal funding, causing its cost to balloon from PKR 3 billion to PKR 27 billion. Chief Minister Sohail Afridi emphasized that the bypass is critical for trade and traffic flow, set a completion deadline of June 2026, and committed an additional PKR 200 million for immediate construction needs.
Read more