The government has decided to deregulate the sugar sector to ensure prompt payments to growers and transparency in the weighment process. The committee was formed to discuss proposals for deregulating Pakistan’s sugar sector on 17 July 2025 under the chair of Minister for Power including Ministers for Finance, National Food Security and Research, EAD respectively,…

Deposits rise 6% to Rs4.37trn in 2024; management sees room for rate cuts Habib Bank Ltd (HBL) projected robust deposit growth for 2025, with management expecting a 17–18% increase following a 6% year-on-year rise to Rs4.37 trillion in 2024. The outlook was shared during the bank’s corporate briefing held on Thursday, where executives also discussed…

The price of urea fertilizer stands at Rs4,365 per 50 bag in domestic market. The price of urea in Pakistan have witnessed a decline during the year. The price of a 50 kg bag of urea has witnessed a decline of 7.2 percent to Rs4, 365 in July 2025. The price stood at Rs4,705 in…

The federal government has approved a move to fully deregulate the sugar sector after reviewing recommendations prepared by a specialised ministerial committee. Awais Leghari-led committee finalised the proposed framework, which will be presented to Prime Minister Shehbaz Sharif for approval within two days. Food Security Minister Rana Tanveer Hussain stated that the plan aims to…