2026

ISLAMABAD — Gold prices in Pakistan experienced a notable decline on Wednesday, with the price of 24-karat gold per tola dropping by Rs1,800. The new rate stands at Rs453,936 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association. What Happened The local gold market saw a decrease in prices as the All Pakistan Sarafa Gems and Jewellers Association announced a reduction of Rs1,800 per tola for 24-karat gold. This adjustment brought the price down to Rs453,936 per tola, reflecting the fluctuating trends in the international gold market. The association regularly updates these rates, which are widely used as a benchmark by local traders and consumers. The decline in gold prices is attributed to various factors, including changes in the international market dynamics and the strengthening of the Pakistani rupee against the US dollar. Gold prices are often influenced by the international market, where fluctuations can have a direct impact on local pricing. A stronger rupee can also lead to a decrease in gold prices as it reduces the cost of imports, including precious metals. Market analysts suggest that the current trend in gold prices may continue in the short term, depending on global economic conditions and currency exchange rates. The gold market is known for its volatility, and prices can change rapidly based on international developments, including geopolitical tensions and changes in monetary policy by major economies. Background Gold has traditionally been a popular investment and a hedge against inflation in Pakistan. The country’s gold market is influenced by both domestic and international factors. Historically, gold prices have been affected by changes in the global economic landscape, including shifts in supply and demand, currency fluctuations, and geopolitical events. In recent years, the gold market in Pakistan has witnessed significant fluctuations. The COVID-19 pandemic, for instance, led to an increase in gold prices globally as investors sought safe-haven assets amidst economic uncertainty. However, as economies began to recover, gold prices started to stabilize and, in some cases, decline. The All Pakistan Sarafa Gems and Jewellers Association plays a crucial role in setting daily gold prices in the country. These rates are determined based on international market trends and local economic conditions. The association’s announcements are closely monitored by traders and investors, as they provide guidance on the current market value of gold. Why It Matters The decline in gold prices has significant implications for various stakeholders in Pakistan. For consumers, lower gold prices can make jewelry and gold investments more affordable, potentially boosting retail sales in the jewelry sector. This could lead to increased consumer spending, benefiting the economy as a whole. For investors, the drop in gold prices may present an opportunity to purchase gold at a lower cost, with the potential for future gains if prices rise again. However, it also poses a risk for those who have already invested in gold at higher prices, as they may face potential losses if the downward trend continues. The gold market is also important for Pakistan’s economy due to its impact on foreign exchange reserves. As gold is a major import, fluctuations in its price can affect the country’s trade balance and foreign currency reserves. A decrease in gold prices can reduce the import bill, potentially improving the trade balance and supporting the Pakistani rupee. Internationally, changes in gold prices can influence investor sentiment and economic stability. As a global commodity, gold is often seen as a barometer of economic health, with rising prices indicating uncertainty and falling prices suggesting stability. Key Takeaways The price of 24-karat gold per tola in Pakistan has decreased by Rs1,800, now standing at Rs453,936. The decline is influenced by international market trends and the strengthening of the Pakistani rupee. Lower gold prices can benefit consumers and boost retail sales in the jewelry sector. Investors may see opportunities or risks depending on future price movements. Fluctuations in gold prices impact Pakistan’s foreign exchange reserves and trade balance. Source Attribution This article is based on official statements and public communications from the All Pakistan Sarafa Gems and Jewellers Association. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

PESHAWAR — The Merged Areas Education Foundation (MAEF) successfully concluded a two-day training program focused on School-Based Assessment (SBA) for teachers and literacy supervisors. The training, held in Peshawar, aimed to enhance the assessment skills of educators in the region. What Happened The training session, which took place over two days, was designed to equip teachers and literacy supervisors with the necessary skills to conduct effective school-based assessments. Fareeha Paul, the Managing Director of MAEF, congratulated the participants upon their completion of the program. She expressed optimism that these trained educators would disseminate their newly acquired knowledge to other teachers within their respective districts. During the training, participants engaged in various interactive sessions that covered the principles and practices of school-based assessments. The program emphasized the importance of accurate assessments in improving educational outcomes and tailoring instruction to meet students’ needs. Fareeha Paul highlighted the role of these assessments in enhancing the quality of education in the merged areas, which have historically faced educational challenges. “The training is a crucial step towards empowering our teachers with the skills they need to evaluate and enhance student learning effectively,” Fareeha Paul stated. She further noted that the initiative is part of a broader effort to uplift the educational standards in the merged areas of Khyber Pakhtunkhwa. Background The Merged Areas Education Foundation was established to address the educational needs of the formerly Federally Administered Tribal Areas (FATA), which were merged into Khyber Pakhtunkhwa province in 2018. These areas have faced numerous challenges, including a lack of infrastructure and trained educational personnel. The introduction of school-based assessments is part of ongoing reforms aimed at improving educational quality and access in these regions. School-based assessments are a component of Pakistan’s broader educational policy, which seeks to decentralize assessment processes and make them more reflective of local educational contexts. This approach is intended to provide a more accurate picture of students’ abilities and learning needs, thereby informing instructional strategies. Why It Matters The successful completion of the SBA training program is significant for several reasons. Firstly, it represents a step forward in addressing the educational disparities faced by the merged areas. By empowering teachers with the skills needed to conduct meaningful assessments, MAEF is contributing to the improvement of educational outcomes in a region that has historically lagged behind in terms of educational development. Economically, improved educational outcomes can lead to better job prospects and economic growth in the region. Education is a key driver of economic development, and by enhancing the quality of education, the merged areas can expect to see long-term benefits in terms of workforce development and economic productivity. Socially, the training program helps to bridge the educational gap between the merged areas and the rest of Pakistan. It fosters a sense of inclusion and progress, as these regions work towards achieving parity with other parts of the country in terms of educational standards. Politically, the initiative underscores the government’s commitment to integrating the merged areas into the national framework and ensuring that they receive the same level of attention and resources as other provinces. This is crucial for maintaining stability and fostering a sense of national unity. Key Takeaways The MAEF conducted a two-day training on School-Based Assessment for teachers in Peshawar. The training aims to improve educational outcomes in the merged areas of Khyber Pakhtunkhwa. Fareeha Paul emphasized the importance of assessments in enhancing education quality. The initiative is part of broader reforms to uplift educational standards in the region. Improved education can lead to economic and social benefits for the merged areas. Source Attribution This article is based on official statements and public communications from the Merged Areas Education Foundation and relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

LAHORE — Babar Azam and Razaullah have joined the Oil and Gas Development Company Limited (OGDCL) team for the upcoming President’s Trophy Grade-I tournament, set to commence on September 24 in Islamabad, Abbottabad, and Peshawar. Their participation is expected to enhance the competitive spirit of the tournament, which features a mix of seasoned Test cricketers and emerging Pakistan U19 players. What Happened The President’s Trophy Grade-I tournament, a prestigious event in Pakistan’s domestic cricket calendar, will kick off its third round on Thursday, September 24. This year’s tournament sees the inclusion of high-profile players such as Babar Azam, Pakistan’s national team captain, and Razaullah, who have both aligned with the OGDCL team. Their involvement is anticipated to bring a higher level of skill and excitement to the matches. The tournament will be held across three cities: Islamabad, Abbottabad, and Peshawar, providing a platform for various departmental teams to showcase their talent. The participation of Test cricketers and U19 players is expected to draw significant attention from cricket enthusiasts and provide valuable experience for younger players. OGDCL, a major player in Pakistan’s energy sector, has been actively involved in promoting sports, particularly cricket, by sponsoring and supporting teams in domestic tournaments. The inclusion of star players like Babar Azam is part of their strategy to enhance team performance and competitiveness. Background The President’s Trophy Grade-I tournament is an integral part of Pakistan’s domestic cricket structure, aimed at providing a competitive environment for players to hone their skills. It serves as a crucial platform for players to catch the attention of national selectors and potentially secure a place in the national team. Historically, departmental teams have played a significant role in the development of cricket in Pakistan. These teams are often backed by large corporations and government entities, which provide the necessary resources and support for nurturing cricketing talent. Babar Azam, known for his exceptional batting skills and leadership qualities, has been a key figure in Pakistan cricket. His participation in domestic tournaments not only boosts the profile of the events but also provides an opportunity for young players to learn from his experience. Why It Matters The participation of high-profile players like Babar Azam in domestic tournaments has several implications for Pakistan cricket. Firstly, it elevates the standard of the competition, as players of his caliber bring international experience and skills to the domestic scene. This, in turn, helps in raising the overall quality of cricket played at the domestic level. For young and upcoming players, sharing the field with established stars offers invaluable learning opportunities. They can observe and learn from the techniques, strategies, and work ethic of seasoned professionals, which can significantly aid in their development as cricketers. Economically, the presence of star players can attract more spectators and sponsors to the tournament, providing financial benefits to the organizing bodies and contributing to the growth of cricket infrastructure in the country. On a broader level, such tournaments help in maintaining a robust pipeline of talent for the national team. By providing a competitive platform for players to showcase their abilities, the domestic circuit ensures that the national team has a steady supply of skilled cricketers ready to step up when needed. Key Takeaways Babar Azam and Razaullah have joined OGDCL for the President’s Trophy Grade-I tournament. The tournament will take place in Islamabad, Abbottabad, and Peshawar starting September 24. The inclusion of Test cricketers and U19 players is expected to enhance the tournament’s competitiveness. Departmental teams play a crucial role in the development of cricket talent in Pakistan. Participation of star players boosts the profile and quality of domestic cricket. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Pakistan and Bangladesh are focusing on strengthening their agrifood partnership and improving climate resilience, as highlighted by Federal Minister for National Food Security and Research, Rana Tanveer Hussain, on Wednesday. Both countries, heavily reliant on agriculture, face increasing challenges from climate change, emerging diseases, and environmental pressures. What Happened During a recent discussion, Federal Minister Rana Tanveer Hussain emphasized the shared challenges faced by Pakistan and Bangladesh due to their agriculture-dependent economies. He noted that both nations are experiencing significant impacts from climate change, including erratic weather patterns, floods, and droughts, which threaten food security and agricultural productivity. “Our countries must work together to address these vulnerabilities and build a more resilient agrifood system,” Hussain stated. The minister underscored the importance of collaboration in research and development to combat the adverse effects of climate change on agriculture. He called for joint efforts in developing climate-resilient crop varieties and adopting sustainable farming practices. The minister also highlighted the potential for knowledge exchange and capacity building between the two countries to enhance their agrifood sectors. Hussain further pointed out the need for regional cooperation to tackle emerging diseases that affect crops and livestock. He stressed the importance of sharing information and resources to prevent the spread of these diseases and protect food supplies. “By working together, Pakistan and Bangladesh can develop effective strategies to safeguard their agricultural sectors,” he added. Background Pakistan and Bangladesh have historically relied on agriculture as a cornerstone of their economies. Both countries have large rural populations that depend on farming for their livelihoods. However, climate change has increasingly threatened agricultural productivity, with rising temperatures, changing rainfall patterns, and extreme weather events becoming more frequent. In recent years, both nations have faced significant challenges in ensuring food security. Pakistan has experienced severe floods and droughts, while Bangladesh has dealt with cyclones and rising sea levels. These events have highlighted the urgent need for adaptive measures to protect their agrifood systems. Both countries are signatories to international agreements aimed at addressing climate change, such as the Paris Agreement. They have also been involved in regional initiatives to enhance cooperation on climate resilience and sustainable agriculture. Why It Matters The collaboration between Pakistan and Bangladesh in the agrifood sector holds significant implications for both countries. By working together, they can develop strategies to mitigate the impacts of climate change on agriculture, ensuring food security for their populations. This partnership could lead to the development of new technologies and practices that enhance agricultural productivity and resilience. Economically, a stronger agrifood partnership could boost trade between the two countries, providing opportunities for farmers and agribusinesses. It could also lead to the creation of jobs and the improvement of rural livelihoods, contributing to poverty reduction and economic growth. On a broader scale, the collaboration could serve as a model for other countries in the region facing similar challenges. By demonstrating the benefits of regional cooperation, Pakistan and Bangladesh could encourage other nations to join efforts in addressing climate change and enhancing agricultural resilience. Key Takeaways Pakistan and Bangladesh are focusing on strengthening their agrifood partnership to improve climate resilience. Federal Minister Rana Tanveer Hussain emphasized the shared challenges of climate change and emerging diseases. Collaboration in research and development is crucial for developing climate-resilient crop varieties and sustainable farming practices. Regional cooperation is needed to tackle emerging diseases affecting crops and livestock. The partnership could boost trade, create jobs, and improve rural livelihoods in both countries. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, emphasized the crucial role of standing committees in the chamber’s operations and support for the business community during a recent address. On September 23, he commended the dedication and hard work of the ICCI Executive Committee members, Standing Committee Conveners, and staff, attributing the chamber’s progress to their efforts. What Happened During his address, Sardar Tahir Mehmood expressed his gratitude towards the members of the ICCI, highlighting the significant contributions made by the standing committees. He noted that these committees were instrumental in driving the chamber’s success and enhancing its service to the business community. “The progress achieved by the Chamber was the result of the collective efforts of our dedicated team,” he stated. The ICCI president acknowledged the committees’ role in addressing various challenges faced by businesses, facilitating dialogue between the government and the private sector, and promoting economic growth. He praised the conveners for their leadership and the staff for their unwavering commitment to the chamber’s objectives. Mehmood’s remarks were part of a broader discussion on the importance of collaborative efforts within the chamber to support the business community in Islamabad. He stressed the need for continued cooperation and innovation to adapt to changing economic conditions and to meet the needs of local businesses. Background The Islamabad Chamber of Commerce and Industry has long been a pivotal organization in advocating for the interests of businesses in the capital. Established to promote trade and commerce, the ICCI plays a key role in policy advocacy, business networking, and providing a platform for dialogue between the government and the private sector. Standing committees within the ICCI are specialized groups tasked with focusing on specific sectors or issues affecting the business community. These committees work to identify challenges, propose solutions, and facilitate communication between stakeholders. Over the years, they have been instrumental in addressing regulatory hurdles, promoting entrepreneurship, and fostering an environment conducive to business growth. Why It Matters The role of standing committees in the ICCI is crucial for several reasons. Economically, these committees help streamline processes and policies that directly impact businesses, thereby contributing to economic stability and growth. By addressing sector-specific challenges, they enable businesses to operate more efficiently and competitively. Socially, the committees facilitate a platform for dialogue and collaboration, strengthening the relationship between the business community and government entities. This collaboration is essential for creating policies that are both business-friendly and socially responsible, ensuring that economic development benefits a broad spectrum of society. Politically, the ICCI and its committees serve as a bridge between the private sector and policymakers. Their efforts in advocacy and policy recommendations help shape a business environment that is conducive to investment and innovation, which is vital for Pakistan’s broader economic trajectory. Internationally, a strong and active chamber like the ICCI enhances Islamabad’s reputation as a business-friendly city, attracting foreign investment and fostering international trade relationships. This is particularly important as Pakistan seeks to strengthen its position in the global economic landscape. Key Takeaways Sardar Tahir Mehmood praised the ICCI’s standing committees for their role in supporting the business community. The committees are crucial in addressing challenges, facilitating dialogue, and promoting economic growth. The ICCI serves as a bridge between the government and the private sector, advocating for business-friendly policies. Standing committees help enhance Islamabad’s reputation as a business-friendly city, attracting investment. The ICCI’s efforts contribute to economic stability and growth, benefiting the broader society. Source Attribution This article is based on official statements and public communications from the Islamabad Chamber of Commerce and Industry. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

NEW YORK — Prime Minister Shehbaz Sharif met with President of the Syrian Arab Republic Ahmed al-Sharaa on the sidelines of the United Nations General Assembly (UNGA) session in New York. The meeting, held on September 26, 2023, focused on strengthening bilateral relations and discussing regional issues of mutual concern. What Happened During the meeting, Prime Minister Shehbaz Sharif and President Ahmed al-Sharaa exchanged views on a range of topics, including economic cooperation, regional security, and the humanitarian situation in Syria. The leaders emphasized the importance of enhancing trade ties and exploring new avenues for collaboration in various sectors. Prime Minister Sharif reiterated Pakistan’s commitment to supporting Syria in its reconstruction efforts and highlighted the potential for increased cooperation in areas such as agriculture, education, and technology. He stated, “Pakistan stands ready to assist Syria in its journey towards peace and development.” President al-Sharaa expressed gratitude for Pakistan’s consistent support and underscored the need for a peaceful resolution to the ongoing conflict in Syria. He noted, “The Syrian people are resilient, and with the support of our friends, we will rebuild our nation.” The meeting also touched upon the broader geopolitical landscape, with both leaders agreeing on the necessity of multilateral dialogue to address regional tensions. They stressed the importance of international cooperation in combating terrorism and promoting stability in the Middle East. Background Pakistan and Syria have historically maintained cordial relations, with diplomatic ties dating back to the mid-20th century. Over the years, both countries have engaged in various bilateral initiatives, although the Syrian conflict posed challenges to deepening economic and political cooperation. The Syrian civil war, which began in 2011, has severely impacted the country’s infrastructure and economy, leading to a humanitarian crisis. Pakistan has consistently advocated for a peaceful resolution to the conflict and has provided humanitarian aid to Syrian refugees. The United Nations General Assembly serves as a platform for world leaders to engage in dialogue on pressing global issues. The annual session in New York facilitates bilateral meetings, allowing leaders to discuss matters of mutual interest outside the formal agenda. Why It Matters The meeting between Prime Minister Shehbaz Sharif and President Ahmed al-Sharaa is significant for several reasons. Firstly, it underscores Pakistan’s active role in international diplomacy and its commitment to fostering peace in the Middle East. By engaging with Syria, Pakistan aims to contribute to regional stability and support the Syrian people in their recovery efforts. Economically, the potential for increased trade and cooperation between Pakistan and Syria could benefit both nations. As Syria looks to rebuild its infrastructure, Pakistani businesses may find opportunities in construction, technology, and agriculture sectors. Such collaboration could also enhance Pakistan’s economic footprint in the Middle East. Politically, the meeting highlights Pakistan’s balanced foreign policy approach, maintaining relations with diverse nations amidst complex geopolitical dynamics. By advocating for dialogue and cooperation, Pakistan positions itself as a mediator in regional conflicts, potentially enhancing its international standing. Socially, Pakistan’s support for Syria aligns with its humanitarian principles, showcasing solidarity with a nation facing immense challenges. This stance may strengthen Pakistan’s image as a compassionate and responsible member of the international community. Key Takeaways Prime Minister Shehbaz Sharif and President Ahmed al-Sharaa discussed economic cooperation and regional security. Pakistan expressed readiness to assist Syria in reconstruction and development efforts. The leaders emphasized the importance of multilateral dialogue to address regional tensions. Pakistan’s engagement with Syria highlights its commitment to Middle East peace and stability. The meeting reflects Pakistan’s balanced foreign policy and humanitarian principles. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: Press Release from Government of Pakistan This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — The Securities and Exchange Commission of Pakistan (SECP) engaged with members of the Association of Builders and Developers of Pakistan (ABAD) on Wednesday to discuss the advantages of corporatization and the potential of Real Estate Investment Trusts (REITs). The session was led by SECP Commissioner Muzzafar Ahmed Mirza, focusing on enhancing the real estate sector’s growth through formalization and investment structures. What Happened During the session held at ABAD’s headquarters, SECP Commissioner Muzzafar Ahmed Mirza outlined the benefits of corporatization for builders and developers, emphasizing how formal business structures could lead to increased credibility, access to capital, and improved governance. The discussion highlighted the SECP’s commitment to facilitating the registration and operation of REITs, which offer a structured approach to real estate investment and management. Commissioner Mirza explained that corporatization could help builders and developers streamline their operations, making them more attractive to investors. He stated, “Corporatization is not merely a legal requirement but a strategic move towards sustainable growth and transparency.” The SECP’s efforts aim to encourage more builders to transition into corporatized entities, thereby enhancing their market presence and operational efficiency. The session also focused on the opportunities presented by REITs, which allow for pooled investment in real estate projects, providing a mechanism for smaller investors to participate in large-scale developments. Mirza noted that REITs could significantly boost the real estate sector by attracting both domestic and foreign investment, thus contributing to economic growth. Background The SECP has been actively promoting corporatization as part of its broader strategy to formalize the economy and enhance regulatory compliance. Corporatization involves the transformation of a business into a corporate entity, which can offer advantages such as limited liability, perpetual succession, and easier access to financing. This initiative is particularly relevant for the real estate sector, which has traditionally been dominated by informal business practices. Real Estate Investment Trusts (REITs) were introduced in Pakistan as a means to provide a structured investment vehicle for real estate projects. Despite their potential, the adoption of REITs has been slow due to regulatory challenges and a lack of awareness among developers and investors. The SECP has been working to address these issues by simplifying the regulatory framework and conducting awareness sessions like the one with ABAD. Why It Matters The SECP’s engagement with ABAD is significant for several reasons. Firstly, it represents a concerted effort to bring the real estate sector into the formal economy, which is crucial for ensuring transparency and accountability. By promoting corporatization, the SECP aims to create a more robust and reliable real estate market that can attract investment and drive economic growth. Secondly, the focus on REITs highlights the potential for these investment vehicles to transform the real estate landscape in Pakistan. By enabling collective investment in real estate, REITs can democratize access to property markets, allowing a broader segment of the population to benefit from real estate investments. This could lead to increased liquidity in the market and stimulate further development activities. Moreover, the SECP’s initiatives align with the government’s broader economic goals of increasing foreign direct investment and enhancing the competitiveness of the real estate sector. By facilitating the growth of REITs, Pakistan can position itself as an attractive destination for international investors looking for opportunities in emerging markets. Key Takeaways The SECP is actively promoting corporatization among builders and developers to enhance market credibility and operational efficiency. Real Estate Investment Trusts (REITs) are being highlighted as a key investment vehicle to attract both domestic and foreign investment in the real estate sector. The session aimed to address regulatory challenges and increase awareness about the benefits of formal business structures and investment mechanisms. Corporatization and REITs are seen as strategic tools to formalize the economy and boost economic growth in Pakistan. The SECP’s initiatives are aligned with national goals to increase foreign direct investment and enhance the competitiveness of the real estate market. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Pakistan’s fish and meat exports have experienced a notable increase in the initial months of the fiscal year 2026-27, according to recent data from the Pakistan Bureau of Statistics (PBS). The exports of fish and fish preparations saw a rise of 3.23 percent compared to the same period in the previous fiscal year. What Happened During the first two months of FY27, Pakistan exported 24,662 metric tons of fish and fish preparations. This marks a 3.23 percent increase from the corresponding period last year. The growth in exports reflects a positive trend for the country’s seafood industry, which has been striving to expand its reach in international markets. The PBS data further revealed that the overall value of fish exports during this period also showed an upward trajectory. This growth is attributed to increased demand in global markets and improved production capabilities within Pakistan. The government has been focusing on enhancing the quality of seafood exports to meet international standards, which has likely contributed to this positive development. In addition to fish, the meat export sector also reported growth. Although specific figures were not disclosed, the sector’s performance indicates a strengthening of Pakistan’s agricultural exports. The meat industry, particularly beef and poultry, has been a significant contributor to the country’s export revenues. Background Pakistan’s seafood industry has long been a vital component of its agricultural exports. The country possesses a vast coastline and numerous inland water resources, providing a rich supply of fish and other marine products. Historically, the industry has faced challenges such as inadequate infrastructure, lack of modern processing facilities, and stringent international quality standards. In recent years, the government has implemented various initiatives to boost the sector, including investments in modernizing fishing fleets, establishing processing units, and promoting sustainable fishing practices. These efforts aim to enhance the competitiveness of Pakistani seafood in the global market. Similarly, the meat industry has been a focus area for the government, with initiatives to improve livestock health, enhance meat processing facilities, and ensure compliance with international health and safety standards. These measures are intended to increase the marketability of Pakistani meat products abroad. Why It Matters The growth in fish and meat exports is significant for Pakistan’s economy, as it contributes to foreign exchange earnings and supports the livelihoods of millions involved in the agriculture and fisheries sectors. The increase in exports indicates a strengthening of these industries, which are crucial for the country’s economic diversification efforts. Economically, the rise in exports helps to reduce the trade deficit, a persistent challenge for Pakistan. By increasing foreign exchange reserves, the country can better manage its external debt obligations and stabilize the national currency. This, in turn, can lead to more stable economic conditions domestically. Socially, the expansion of the fish and meat export sectors can lead to job creation and improved income for workers in these industries. As the sectors grow, there is potential for increased investment in rural areas, where much of the fishing and livestock activities are concentrated. This can contribute to rural development and poverty alleviation. On an international level, the growth in exports enhances Pakistan’s trade relations with importing countries, potentially opening doors for further economic cooperation and agreements. It also positions Pakistan as a more competitive player in the global agricultural export market. Key Takeaways Pakistan’s fish exports grew by 3.23 percent in the first two months of FY27 compared to the previous year. The increase in exports is attributed to higher demand and improved production capabilities. The growth in fish and meat exports contributes positively to Pakistan’s foreign exchange earnings. Government initiatives to modernize the seafood and meat industries are showing results. The export growth supports economic diversification and can lead to job creation and rural development. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 23, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.