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Pakistan has beaten poverty before. It can do it again
Pakistan has already shown that poverty can be cut by more than half. Between 2005–06 and 2018–19, the national poverty rate fell from 50.4% to 21.9%. Yet, by 2024–25, it had climbed back to 28.9%. Why did we succeed before, what went wrong, and what must the government do to repeat that success?
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NAC trims FY26 GDP growth to 3.65%; Q4 slows to 2.0%
Pakistan’s economy grew by 3.65% in FY26, slightly below the previously estimated 3.70%, while GDP growth stood at 2% in the fourth quarter, according to updated national accounts estimates approved by the National Accounts Committee (NAC).
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PACRA retains A1 short-term rating of Mughal Iron & Steel
Mughal Iron & Steel Industries Limited (PSX:MUGHAL) has had its entity ratings maintained at ‘A+’ for the long term and ‘A1’ for the short term with a stable outlook, according to the Pakistan Credit Rating Agency Limited (PACRA).
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Pakistan’s FX reserves hit $21bn, GDP growth reaches 3.7% in FY26
Pakistan’s foreign exchange reserves recovered to $21.5 billion as of October 9, 2026, while real GDP growth reached 3.7% in FY26, showing improvements in the country’s macroeconomic conditions, according to the State Bank of Pakistan (SBP).
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Oil falls to $108 amid Russian supply prospects, Gulf tensions
Crude oil prices declined on Monday as traders assessed the possibility of increased Russian supplies following U.S. sanctions relief, while attacks on Russian oil infrastructure and commercial tankers in the Persian Gulf continued to cloud the global supply outlook.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 166,399.85 84.73M | -0.01% -19.87 |
| ALLSHR | 100,917.79 277.03M | 0.05% 45.88 |
| KSE30 | 49,361.73 33.02M | 0.09% 45.08 |
| KMI30 | 240,129.45 61.04M | 0.09% 221.85 |
| KMIALLSHR | 65,477.62 160.41M | 0.01% 3.93 |
| BKTi | 45,901.18 6.37M | 0.11% 51.90 |
| OGTi | 33,632.63 2.76M | 0.33% 109.61 |
| Symbol | Bid/Ask | High/Low | |||
|---|---|---|---|---|---|
| PKR | 276.86 | 276.96 | 277.00 | 276.90 | 14:15:20 |
| EUR | 1.12 | 1.12 | 1.12 | 1.12 | 05:15:34 |
| GBP | 1.33 | 1.33 | 1.33 | 1.33 | 05:15:34 |
| CHF | 0.82 | 0.82 | 0.82 | 0.82 | 05:15:34 |
| JPY | 158.16 | 158.17 | 158.20 | 157.70 | 05:15:34 |
| CAD | 1.41 | 1.41 | 1.42 | 1.41 | 05:15:34 |
| AUD | 0.70 | 0.70 | 0.70 | 0.70 | 05:15:34 |
| INR | 94.93 | 94.94 | 95.01 | 94.75 | 05:15:29 |
| SAR | 3.75 | 3.75 | 3.75 | 3.75 | 14:15:17 |
| AED | 3.67 | 3.67 | 3.67 | 3.67 | 14:15:28 |
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 82,885.00 | 83,200.00 80,700.00 | 1285.00 1.57% |
| BRENT CRUDE | 108.35 | 109.65 106.82 | -1.51 -1.37% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | -1.05 -0.81% |
| ROTTERDAM COAL MONTHLY | 145.10 | 0.00 0.00 | -0.55 -0.38% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 97.93 | 99.24 96.72 | -1.09 -1.10% |
| SUGAR #11 WORLD | 20.57 | 20.95 20.54 | -0.28 -1.34% |
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Pakistan Stock Movers
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