Jamaat-i-Islami announces nationwide blockade against petroleum levy
JI emir Hafiz Naeemur Rehman announced a nationwide highway blockade on August 7 against the petroleum levy and anti-inflation campaign.
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IMF
IMF and Pakistan Fail to Agree on Gas Sector Debt Settlement
Pakistan and the IMF have failed to reach an agreement on a proposed settlement plan for gas sector circular debt, with final…
Finance Minister Meets Honeywell to Discuss Refinery Modernization
Pakistan's Finance Minister Muhammad Aurangzeb met with Honeywell to discuss modernizing and expanding the country’s refinery sector, aiming to enhance dom
Pakistan Faces Ongoing Economic Challenges Despite Recent Stability
Despite recent stability measures, Pakistanis face ongoing economic challenges as the country struggles with trade deficits and imported inflation.
Pakistan’s Oil Import Bill Surpasses IMF Forecast
Pakistan’s oil import bill surpassed the International Monetary Fund’s forecast by $1.58 billion, driven by global oil price hikes.
Pakistan Launches Strategic Petroleum Reserves Amidst Tensions
Pakistan is establishing its first-ever Strategic Petroleum Reserves (SPR) amid Middle East tensions. The government aims for a 45-day emergency oil buffer
Balochistan Allocates Rs3 Billion for Quetta Train Project
The Balochistan government has provided Rs3 billion to Pakistan Railways for a shuttle train service in Quetta city, set to start operations…
Punjab allocates Rs3 billion for Quetta train project
Punjab government provides Rs3 billion for a shuttle train in Quetta city, starting operations on August 14. Other provinces also contribute to…
Three Pakistani Officials Compete for IMF Senior Adviser Role
Maryum Kayani, Moazam Raza and Nadeem Ahsan vie for the position of Senior Adviser to the Executive Director at the International Monetary…
Venezuelan earthquake death toll exceeds 5,000
Death toll from recent Venezuelan earthquakes surpasses 5,000 as recovery efforts begin.
Pakistan Introduces Climate Support Levy Amid Economic Strain
The Climate Support Levy (CSL) in Pakistan is set to increase fuel prices, raising concerns about its effectiveness and impact on the…
Pakistan’s Fiscal Year Ends with $27.2 Billion in External Financing
Pakistan secured $27.2 billion in external financing during FY2025-26, with 88% used for budgetary support and debt repayments.
Finance Minister Confirms Extension of $3 Billion Saudi Debt
Finance Minister Muhammad Aurangzeb has confirmed the extension of a $3 billion debt to Saudi Arabia, maintaining Pakistan’s foreign exchange reserves.
Arif Habib urges reduction in energy costs and taxes to boost investment
Business tycoon Arif Habib urges reduction in energy prices and tax burden to boost economic growth and attract more investments.
IMF Aims to Enhance Analysis of Domestic Debt Risks
The International Monetary Fund is deepening its analysis of domestic debt risks for low-income countries to improve the Common Framework for Debt…
IMF Underestimates Pakistan’s Economic Growth, Experts Argue
Experts argue that the IMF's projection for Pakistan's FY27 economic growth is too low, citing existing momentum and recent data.
PFMA criticizes Punjab’s wheat movement ban, blaming price hikes and smuggling
PFMA criticizes Punjab government's ban on wheat movement, blaming increased prices and illegal inter-provincial smuggling.
Soya Supreme Plans IPO to Boost Expansion
Pakistan’s largest cooking oil brand Soya Supreme plans an IPO in July to expand its refining capacity and invest in renewable energy.
Government Extends Rs. 50 Billion Loan Guarantee to SNGPL
The federal government has extended its sovereign guarantee for SNGPL’s Rs. 50 billion financing facility, supporting uninterrupted gas supplies amid finan
World Bank Report Criticized for Overlooking Political Economy in Fiscal Federalism
Critics argue that the World Bank’s latest report on fiscal federalism in Pakistan overlooks political economy, focusing instead on technical solutions.