Islamabad, October 10, 2025 — The federal cabinet on Thursday formally ratified the Strategic Mutual Defence Agreement between Pakistan and Saudi Arabia, marking a significant step in strengthening bilateral ties and regional security cooperation.
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Less than half of trillion dollar economy is documented: Aurangzeb
Islamabad, October 10, 2025 — Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, revealed on Friday that Pakistan’s actual economic size may be close to one trillion dollars, but less than half of it is formally documented.
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Pakistan, Saudi Arabia sign landmark MoU on asset recovery
Jeddah, October 9, 2025 – In a significant step toward enhancing regional transparency and accountability, Pakistan and the Kingdom of Saudi Arabia have signed a landmark memorandum of understanding (MoU) to strengthen cooperation in combating corruption, money laundering, and the recovery of stolen assets.
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IMF expresses sympathy for Pakistan’s floods victims
Islamabad, October 9, 2025 – The International Monetary Fund (IMF) has expressed deep sympathy for the victims of the devastating floods that recently struck parts of Pakistan, causing widespread damage and displacement.
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PM Shehbaz highlights brotherhood in Pakistan–Saudi defence ties
Islamabad, October 8, 2025 — Prime Minister Muhammad Shehbaz Sharif on Wednesday reaffirmed that the Pakistan–Saudi Arabia defence cooperation agreement reflects the unbreakable bond of brotherhood, mutual respect, and strategic trust between the two nations.
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Pakistan discovers new gas reserves in Sindh province
Karachi, October 8, 2025 – Pakistan Petroleum Limited (PPL) has announced a significant gas discovery in the Kotri North Block located in Sindh province, marking another milestone in the country’s search for local energy resources.
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Pakistan grants Rs61b in tax exemptions under trade agreements
Karachi, October 6, 2025 – Pakistan has provided a substantial tax exemption of Rs61 billion during the tax year 2023–24 under various Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), according to the Tax Expenditure Report 2025 issued by the Federal Board of Revenue (FBR).
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Pakistan, Malaysia sign six accords to deepen bilateral ties
Kuala Lumpur, October 6, 2025 – Pakistan and Malaysia on Monday took a major step toward expanding bilateral relations by signing six key accords aimed at enhancing cooperation in diverse sectors, including education, tourism, Halal certification, anti-corruption efforts, and the development of small and medium enterprises (SMEs).
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Pakistan, IMF discuss economic target after floods losses
Islamabad, October 5, 2025: Pakistan has initiated discussions with the visiting International Monetary Fund (IMF) delegation to review key economic targets under the ongoing loan program, following extensive losses caused by recent floods across several provinces.
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Pakistan’s trade deficit jumps 35% in Q1 FY26
Islamabad, October 2, 2025 – Pakistan’s merchandise trade deficit expanded significantly during the first quarter of the current fiscal year (July–September 2025), as import payments outpaced export earnings, according to the latest figures released by the Pakistan Bureau of Statistics (PBS).
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