Pump Owners Seek Rs. 82.5 Billion Relief Amid War-Driven Fuel Crisis
Pakistan’s fuel retail sector is facing mounting financial strain as petrol pump owners and oil marketing companies (OMCs) push for…
Tag: Pakistan economy
State Bank of Pakistan Raises Interest Rate to 11.5% Amid Economic Pressures
The State Bank of Pakistan has increased the policy rate by 100 basis points, bringing it to 11.5 percent following…
Petrol and Diesel Prices Rise Sharply as Government Raises Taxes Under IMF Programme
Fuel prices in Pakistan have surged once again after the government increased petrol and diesel rates by Rs. 26.77 per…
Pakistan Budget 2026-27 Likely to Offer Limited Relief for Salaried Class Amid IMF Conditions
Pakistan’s upcoming federal budget for 2026-27 is expected to bring only modest relief for salaried individuals, while introducing stricter fiscal…
Pakistan Expands Eurobond Issuance to $750 Million Amid Strong Global Investor Demand
Pakistan has successfully increased its latest Eurobond issuance to $750 million, signaling renewed investor confidence in the country’s economic outlook.…
Gold Price Rebounds Sharply, Approaches Rs. 5.1 Lakh Mark in Pakistan
Gold prices in Pakistan staged a swift recovery after recent declines, reflecting renewed momentum in both local and international bullion…
Pakistan’s Climate Losses Could Reach 6% of GDP by 2050, Study Warns
Pakistan may face severe long-term economic consequences from climate change, with potential losses projected to reach up to 6 percent…
Rupee Extends Historic Winning Streak Against US Dollar Amid Broader Currency Pressures
The Pakistani rupee continued its remarkable upward trajectory against the US dollar, marking its 133rd consecutive session of gains on…
Should Pakistan Shift from Dollar to Gold? Rising Global Tensions Spark Economic Debate
Pakistan’s financial policymakers are facing renewed pressure to rethink the country’s foreign reserve strategy as geopolitical tensions intensify across the…
IFC Pledges $2.7 Billion to Boost Pakistan’s Economic Growth and Private Sector
Pakistan’s economic outlook has received a significant boost as the International Finance Corporation (IFC) commits approximately $2.7 billion for the…
Countries with the Lowest Average Salaries in 2023: Where Pakistan Stands Globally
A recent global comparison of average monthly salaries has highlighted the stark income disparities across countries, with several developing economies…
Luxury Imports in Pakistan Face Up to 60% Taxes, Driving Prices Higher
The cost of imported luxury and non-essential goods in Pakistan has surged sharply, with total taxes reaching as high as…
Pakistan Outperforms Regional Peers in Fuel Supply Management Amid Ongoing Crisis
Pakistan has demonstrated relative stability in managing its fuel supply chain despite ongoing regional tensions, according to Khyber Pakhtunkhwa Finance…
Dubai Crude Prices Drop Sharply as Iran-US De-escalation Eases Market Fears
Global oil markets witnessed a significant correction as Dubai Crude prices fell close to $110 per barrel following easing tensions…
FBR Grants Intelligence Wing Expanded Powers to Crack Down on Tax Evasion
The Federal Board of Revenue has empowered its intelligence wing with enhanced authority to pursue cases of tax evasion and…
Maersk Increases Emergency Surcharge on Pakistan–West Africa Shipping Routes from April 2026
Global shipping leader A.P. Moller – Maersk has announced a rise in its Emergency Contingency Surcharge (ECS) for shipments originating…
PIA Losses Reach Rs. 500 Billion as Government Pushes Privatization Plan
Pakistan’s national flag carrier, Pakistan International Airlines, has accumulated losses of nearly Rs. 500 billion between 2015 and 2023, according…
Middle East Conflict Could Push Pakistan’s Inflation to 17% and Widen Trade Deficit: PIDE Report
Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the conflict disrupts global oil…
Pakistan Nears IMF Agreement to Revise FBR Tax Collection Target for FY26
Pakistan and the International Monetary Fund are reportedly close to finalizing a revised tax collection target for the current fiscal…
Pakistani Rupee Strengthens Against US Dollar Amid Global Turbulence
The Pakistani rupee (PKR) continued its upward momentum, closing in green against the US Dollar (USD) for the 115th consecutive…