7-11
Pakistan Stock Exchange says FY2026 Sukuk issuance hit a record Rs3.5 trillion
The Pakistan Stock Exchange and the finance ministry held an investor briefing outlining Pakistan’s debt management strategy, reporting FY2026 Sukuk issuance of Rs3.5 trillion, up nearly 60% from the prior year. The debt-to-GDP ratio fell to 68.5% while the average time to maturity rose to 3.9 years. Officials also said Pakistan completed Rs4.7 trillion in replacements of high-cost debt over the past two years.
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7-6
Lahore retail food prices run 30%–100% above official rates
Retail food prices in Lahore remain well above the government’s daily notified rates, with vegetables, poultry and fruit commonly selling at premiums of 30% to 100%. Some items, including Chinese garlic and Thai ginger, are priced more than 100% higher than the official benchmarks. Even after recent cuts in petrol and diesel prices that would normally reduce transport costs, shop prices have largely held firm or moved higher. The continued gap points to weak price pass-through and local supply-demand imbalances, keeping near-term pressure on agricultural spot markets and supply chains.
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