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Latest in Business & Finance

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A concrete anti-smuggling barrier stretching into the distance along a dirt track at the Iran-Pakistan border in arid terrain.Pakistan / Business & Finance

Pakistan-Iran border at Taftan shut to trade after FIA closes immigration gate on Saturday

Cross-border trade at Taftan halted on Saturday after Pakistan's FIA shut the immigration gate and the commerce ministry withdrew the EIF waiver for Iran, stranding 2,000 trucks.

The Queen Sirikit National Convention Center in Bangkok, photographed from the side in July 2023 under a clear sky.Pakistan / Business & Finance

Pakistan withstood Iran war energy shock, Aurangzeb tells AFP in Bangkok

Finance Minister Aurangzeb told AFP in Bangkok on Saturday that Pakistan withstood the first-order Iran war energy shock but Gulf infrastructure attacks are worrying.

A mud volcano and arid ridges of Pakistan's western Chagai district in Balochistan, photographed from the International Space Station about 258 miles above central Asia.Pakistan / Business & Finance

Pakistan readies $8tr mineral pitch as Islamabad sets PMIF26 for mid-November

Pakistan's Pakistan Minerals Investment Forum (PMIF26) is set for 12-13 November in Islamabad, with Reko Diq first production now slated for end-2028.

The State Bank of Pakistan's head office on I.I. Chundrigar Road in Karachi, a multi-storey building seen from the street in daylight.Pakistan / Business & Finance

Pakistan's current account deficit widens to $874m in July–September

SBP data show Pakistan's current account deficit widened to $874m in July–September, while the overall balance of payments swung to a $4.39bn deficit in September.

An oil-fired thermal power station at dusk, its stacks and cooling towers lit against a dimming sky, with electric transmission lines in the foreground.Pakistan / Business & Finance

DISCOs seek Rs2.56 per unit September FCA, NEPRA hearing set for 29 October

DISCOs have filed for a Rs2.56 per unit fuel charges adjustment for September with NEPRA, which has scheduled a public hearing for 29 October on the November billing impact.

The coal-fired power station at Port Qasim near Karachi, showing generating units, a tall stack and cooling towers against a clear sky.Pakistan / Business & Finance

Sindh seals 34 MoUs at Shanghai conference to draw Chinese investment

Sindh signed 34 memorandums of understanding at a Shanghai investment conference on 15 October, offering Chinese investors a 10-year tax exemption in its special economic zones.

The State Bank of Pakistan Building on Mall Road, Lahore, a tall stone structure photographed in 2017 under a clear blue sky.International — Region / Business & Finance

Pakistan to chair World Bank and IMF boards in 2027, first time since 1953

Economic Affairs Minister Ahad Khan Cheema was named the 2027 chair of both boards of governors on 16 October at the Bangkok annual meetings; Pakistan last held the role in 1953.

Low-angle view of a large white government building of the Pakistan Secretariat in Islamabad with rows of windows and a colonnaded facade under a clear sky.Pakistan / Business & Finance

FBR moves 2026 income-tax return deadline to 31 October in second extension

The FBR extended the Tax Year 2026 income-tax return filing deadline from 15 October to 31 October, its second extension in a month, after trade bodies sought more time.

A crowd gathers at an outdoor food distribution point, with sacks of supplies and staff behind a counter.Pakistan / Business & Finance

Pakistan's hunger score worsens to 25.5 in 2026 Global Hunger Index

Pakistan ranked 106th of 122 countries in the 2026 Global Hunger Index, its score rising to 25.5 from 24.0 in 2018 as food inflation and climate shocks deepened food insecurity.

The Sukhumvit skyline in Bangkok, showing residential and commercial towers stretching along the tree-lined boulevard at dusk.Pakistan / Business & Finance

Aurangzeb says Pakistan's fiscal deficit at 22-year low, eyes double-B sovereign rating

In Bangkok on 14 October, Aurangzeb told investors Pakistan's fiscal deficit is at a 22-year low, with growth set to top 4% in FY27.

A large red-and-black tanker seen from above on open blue sea, with a distant coastline and terminal structures behind it.Pakistan / Business & Finance

Pakistan seeks 15-year Saudi oil facility as deferred-payment deal lapses

Pakistan asked Saudi Arabia to revive its lapsed deferred-payment oil facility and proposed a $6.7bn concessional arrangement over 15 years, officials said.

A motorway service station in Pakistan with a broad canopy over fuel pumps and a vehicle parked at the forecourt.Pakistan / Business & Finance

Pakistan cuts petrol by Rs2.71 and holds diesel almost flat for October 14

Pakistan cut petrol by Rs2.71 a litre to Rs392.66 and left high-speed diesel almost unchanged at Rs396.82 from 14 October under its daily pricing mechanism.