Economic risks remain high despite policy calm

LAHORE: Despite relative calm on the policy front, Pakistan’s economy continues to face serious risks stemming from both global and domestic challenges, industry leaders warned on Wednesday, urging the government to act with realism, transparency and urgency to protect the fragile recovery achieved so far. Pakistan Industrial and Traders Associations Front (PIAF) Patron-in-Chief Mian Sohail Nisar said that economic vulnerabilities remain elevated due to geopolitical tensions and unresolved local issues, while delays in reforms are increasing pressure on the system. “Many risks linked to the economy are still at a…

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Pakistan–Mauritius trade far below potential, envoy tells LCCI

LAHORE: The High Commissioner of Mauritius, Munsoo Kurrimbaccus, has said Pakistan’s global image does not reflect the reality he observed during his visit, noting that the country is far more beautiful than portrayed and that he will work to present its positive image internationally. According to a statement issued on Wednesday, he made these remarks during a visit to the Lahore Chamber of Commerce and Industry (LCCI). LCCI President Faheemur Rehman Sehgal said Pakistan and Mauritius enjoy long-standing relations, but bilateral trade remains far below potential. He said both sides…

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PSX falls 133 points in choppy trading

KARACHI: Trading remained choppy on Wednesday at the Pakistan Stock Exchange (PSX) as the market struggled to find clear direction amid a mix of positive economic developments and sector-specific concerns. The benchmark KSE-100 index ended slightly in the red, reflecting investor caution and a consolidation phase following the recent upside. The index oscillated between the intra-day high of 171,393 and low of 169,230, before closing at 170,314, down 133 points, or 0.08%. On the external front, Pakistan’s current account recorded a surplus of $100 million in November 2025, a notable…

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Government asks ADB for power debt support

ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has sought the Asian Development Bank’s (ADB) support in addressing power sector debt repayment challenges and in building confidence among private investors. According to an official statement issued on Wednesday, Leghari met with a delegation of the ADB led by Leah Gutierrez, Director General, Central and West Asia Department. Leghari briefed the delegation on key challenges facing the power sector. He highlighted constraints in financing, issues related to rupee cover and high upfront costs. He added that the government…

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Pakistan’s real exchange rate strengthens to 104.8 as rupee holds firm

KARACHI: Pakistan’s Real Effective Exchange Rate (REER) index rose to 104.8 in November 2025, up from 103.9 in October, according to the latest data from the State Bank of Pakistan (SBP). Similarly, the Pakistani rupee edged up 0.01% against the US dollar, closing at 280.27 in the inter-bank market on Wednesday. Furthermore, the SBP held an auction for Pakistan Investment Bonds (Fixed Rate), with settlement scheduled for December 18, 2025, covering two-year (zero coupon), three-year, five-year, 10-year, and 15-year (zero coupon) tenors. Total bids stood at Rs2.488 trillion in face…

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Consumer confidence falls in Pakistan amid rising prices, unemployment

Consumer confidence in Pakistan fell sharply in the first quarter of FY2025–26, reflecting caution among households even as overall sentiment remains stronger than last year. The Consumer Confidence Index dropped to 86.4 from 96.2 in the previous quarter, a decline of 10.2%. Compared to the same period last year when it stood at 72.9, the index is up 18.5%, indicating that broader stabilization is holding despite short-term fluctuations. The Pakistan Consumer Confidence Index (CCI) for Q1 FY2025-26, released in December 2025, provides a comprehensive assessment of household sentiment across the country. Prepared by D&B Pakistan in collaboration…

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PHC, federal institutions declare winter holidays

The Peshawar High Court (PHC) has officially announced the schedule for winter vacations for judges, court staff and educational institutions. According to the notification, judges of the high court and subordinate courts will observe their winter break from December 29 to January 11, while court staff will be on leave from December 29 to January 6. In a separate notification, federal government educational institutions have also declared winter holidays, with schools set to remain closed from December 26 to January 3. Read: Sindh issues winter vacation schedule for schools, colleges The…

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Proclaimed offender proceedings start after CM Afridi skips multiple summons

The Anti Terrorism Court in Islamabad began proclaimed offender proceedings on Thursday against Khyber Pakhtunkhwa Chief Minister Sohail Afridi and several other accused persons. On court orders, notices summoning the accused were displayed at multiple locations, including the Judicial Complex, directing them to appear before the court. The notices name Sohail Afridi, Meena Khan, Amjad Khan, Shafi Ullah Jan and Amjad Afridi, instructing them to appear before the court. According to the notices, the accused have either failed to comply with court orders or are absconding, prompting the court to…

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PA condemns hijab incident in India

LAHORE: A condemnation resolution has been submitted in the Punjab Assembly over an incident involving a Muslim woman in India’s state of Bihar, calling the act a grave violation of human dignity, religious freedom and women’s rights. The resolution was jointly moved by Punjab Assembly members Rana Muhammad Arshad, Rahila Khadim Hussain and several other lawmakers. According to the text, the House strongly condemned what it described as a shameful incident that allegedly occurred during an official event in Bihar, where Chief Minister Nitish Kumar was accused of crossing moral…

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CM warns officials against lidless manholes, stray K9s

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the commissioners, DCs and ACs to take strict action against officers who fail to ensure citizens’ safety and convenience. Chairing a meeting, she asserted that officers will face stern actions, including transfer, explanation and warning, if they fail to provide safety and facilitation to citizens across Punjab. The chief minister did not allow the Layyah assistant commissioner to sit in the meeting over the death of a two-year-old child who had fallen into a pit in Layyah. She ordered immediate transfer…

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