U.S. commits $1.25bn EXIM financing to Pakistan

The United States has committed $1.25 billion through its Export-Import (EXIM) Bank to accelerate economic development and investment in Pakistan’s Balochistan province.

Tajikistan set to take a bite of Pakistan’s meat exports

Pakistan and Tajikistan are set to significantly boost their bilateral trade as Tajikistan has expressed its intention to import 100,000 tons of meat from Pakistan, a deal valued at more than $50 million.

Pakistan, UK move to deepen economic reform partnership

The United Kingdom has indicated readiness to expand technical and regulatory support for Pakistan’s economic reform agenda in Islamabad.

Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

ECC okays PIAHCL funding for pension, medical costs

The Economic Coordination Committee (ECC) has granted in-principle approval for the release of budgetary allocations to PIA Holding Company Ltd. (PIAHCL) to meet pension and medical expenses of the employees of Pakistan International Airlines Corporation Ltd. (PIACL).

ECC alters vehicle import policy, keeps two schemes only

The Economic Coordination Committee (ECC), chaired by Finance Minister Senator Muhammad Aurangzeb, allowed significant amendments to the country’s vehicle import regime.

ECC approves revised OMC, dealer margins on MS & HSD

The Economic Coordination Committee (ECC) has approved a revision in the margins of Oil Marketing Companies (OMCs) and petroleum dealers on Motor Spirit (MS) and High-Speed Diesel (HSD).

Pakistan, Indonesia agree to elevate ties across key sectors

Pakistan and Indonesia have agreed to elevate their bilateral relationship into a forward-looking and dynamic partnership, reaffirming cooperation in political engagement, trade, investment, defense, health, education, agriculture, and technology.

FM terms IMF success a ‘Whole-of-Government’ win

Senator Muhammad Aurangzeb, Pakistan’s Minister for Finance and Revenue, has termed the successful completion of the IMF programme reviews as proof of an effective whole-of-government approach.

Customs seizes Rs138mn worth of smuggled goods

Customs Enforcement Quetta has seized smuggled goods valued at Rs138 million during a major anti-smuggling operation conducted on the outskirts of Quetta.