Pakistan has witnessed a significant decline in Foreign Direct Investment (FDI) during the first six months of the fiscal year 2025-26, as net inflows dropped sharply by 43 percent year-on-year. According to the State Bank of Pakistan (SBP), net FDI totaled $808 million in H1 FY26, compared to $1,425 million in the same period last […]
Banks to Remain Closed for Public Transactions on January 1
Banks across Pakistan will remain closed for public transactions on Thursday, January 1, 2026, following a notification issued by the State Bank of Pakistan (SBP). According to the central bank’s official announcement, January 1 has been declared a bank holiday, during which all scheduled banks, development finance institutions (DFIs), and microfinance banks will suspend public […]
Saudi Arabia Extends $1 Billion Oil Facility, Rolls Over $5 Billion Deposits to Pakistan
Pakistan’s struggling economy received a major financial boost as Saudi Arabia renewed its long-standing economic support, extending a $1 billion oil facility and rolling over $5 billion in deposits placed with the State Bank of Pakistan (SBP), according to confirmation from the Finance Ministry. The extension underscores Riyadh’s continued commitment to Pakistan’s financial stability, especially […]