MG Morning Breeze: Updates to Skim before Market

May 21, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• IMF has not imposed any new conditions, says Khurram Schehzad

To help inform ongoing media coverage and public discussion around Pakistan’s economic reform program, Khurram Schehzad, Advisor to the Finance Minister. Read more

• Pakistan oil refineries pledge $6bn for modernization, energy security

Pakistan’s leading oil refineries have committed to ensuring energy security and facilitating refinery upgrade projects worth over $6 billion, which are. Read more

• Gold price in Pakistan rises Rs300 per tola

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs342,800 per tola, up Rs300. Read more

• Govt Unveils major tariff reforms, caps customs duty at 15%

The government has unveiled major tariff reforms, including capping customs duty at 15% and phasing out additional customs. Read more

• Saudi Riyal to PKR exchange rate

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR) in today’s. Read more

• Pakistan advances toward inclusive digital ecosystem: PM

The government of Pakistan has reaffirmed its dedication to building a digital ecosystem that ensures inclusivity and empowers women across the country. Read more

• Pakistan calls on U.S. firms to leverage youthful workforce, market access

To take advantage of Pakistan’s expanding industrial base, youthful workforce, and competitive market access, American companies have been invited by. Read more

• OIC-15 adopts ‘Tehran Declaration’ to strengthen AI cooperation

To advance collective efforts in the field of Artificial Intelligence, the 2nd Ministerial Meeting of the OIC-15 Dialogue Platform concluded today in Tehran. Read more

• Second round of power plant auctions kicks off

The second phase of auctioning old and non-operational power plants has been launched by state-owned power generation companies. Read more

• PM honors Navy’s role in Operation Bunyanum Marsoos

To honor the Pakistan Navy for its significant role in Operation Bunyanum Marsoos, Prime Minister Muhammad Shehbaz Sharif visited the Naval Dockyard in. Read more

• Govt to launch tariff cut phase in FY2025–26 under new policy

The federal government is set to launch the first phase of its tariff reduction initiative in the fiscal year 2025–26 budget, as outlined in the National. Read more

• PSX Closing Bell: It’s a Mad World

The benchmark KSE-100 Index concluded Tuesday’s trading session at 118,971.12, showing a decrease of 718.51 points or 0.60%. Read more

• PKR falls 15 paisa against USD

The Pakistani rupee (PKR) fell by 15.06 paisa or 0.05% against the US dollar in Tuesday’s interbank session. Read more

• Pakistan shows strong compliance with IMF EFF benchmarks

Pakistan has met all seven quantitative performance criteria and five of eight indicative targets under the IMF’s Extended Fund. Read more

• Pakistan records 2.68% GDP growth in FY25

Pakistan’s Gross Domestic Product (GDP) has posted a provisional annual growth of 2.68% for the fiscal. Read more

• AirSial launches direct flights to Dubai from Islamabad, Lahore

AirSial, a prominent private airline in Pakistan, has revealed the launch of direct flight services to Dubai, operating. Read more

• Pakistan’s textile sector crumbles as Govt stalls on EFS overhaul

Pakistan’s textile industry is rapidly deteriorating as, for over 10 months now, the government has failed to address the fatal anomaly in the Export. Read more

• MG Motors hits major milestone with 1000th HS PHEV Line-Off

MG Motors Pakistan has achieved a major milestone in its pursuit of smarter, cleaner mobility with the Line-Off Ceremony of the 1000th. Read more

• PSX to begin trading fresh green sukuk on May 21

The Government of Pakistan’s fresh 3-Year Variable Rate Green Ijarah Sukuk (GIS-VRR), issued via the Pakistan Stock Exchange (PSX), will begin trading in the. Read more

• Pakistan, Belarus boost trade, textile ties, workforce exchange

Pakistan is committed to expanding bilateral trade and industrial cooperation with Belarus, focusing on reviving key industrial projects and enhancing textile. Read more

• Govt of Pakistan vows to strengthen trade with US

The government of Pakistan has reaffirmed its commitment to deepening Pakistan-US trade relations in the coming years. Read more

• Pakistan commits to productivity, export-led growth model

Pakistan is focused on a productivity and export-led growth model, reaffirming its commitment to long-term structural reforms and fostering quality. Read more

• DSL signs debt restructuring deal with bank consortium

Dost Steels Limited (PSX: DSL) has signed a restructuring agreement with a consortium of banks, whereby the outstanding loan has been rescheduled. Read more

• Iran rejects U.S. call to halt uranium enrichment

Iran criticized the United States for what it called inconsistent and hostile conduct in the ongoing nuclear talks, rejecting Washington’s demand for zero. Read more

• Markets steady after U.S. credit downgrade by Moody’s

Investors showed limited concern over the latest downgrade to the U.S. credit rating, as markets remained largely unchanged. Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more

• China speeds up Mohmand Dam amid India-Pakistan water tensions

In response to India’s recent threats to suspend the Indus Waters Treaty, China has accelerated construction of the Mohmand Dam in Pakistan a major. Read more

• Vopy to streamline freelance payments across Pakistan

Vopy, a portfolio company of Swedish investment firm Front Ventures, has secured a verbal order from a major digital bank in Pakistan to provide a freelance. Read more

• M2 falls by Rs106bn in a week

Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs106.24 billion WoW to Rs37.13 trillion as of May 09, 2025, data. Read more

• Govt borrows Rs116bn debt in a week

The government of Pakistan has acquired an additional debt of Rs116.19 billion during the week ended May 09, 2025, which brings its total net borrowing for. Read more

• Kot Addu Power Company secures NEPRA approval for TPPA

Kot Addu Power Company Limited (PSX: KAPCO) has disclosed that the National Electric Power Regulatory Authority (NEPRA) has granted approval for. Read more

• Asia markets rise after China cuts lending rates

Asia-Pacific markets climbed Tuesday as China cut its key lending rates by 10 basis points in a move to boost its economy. Read more

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