ISLAMABAD: The federal government has cut petrol prices by Rs5.16 per litre and high-speed diesel by…
Category: Economy
Pakistan Cuts Petrol Price by Rs2.93 per Litre, Raises Diesel by Rs0.61
ISLAMABAD: The government has announced new prices for petroleum products, reducing the price of petrol by…
Pakistan, IMF Reach Staff-Level Agreement on $1.21 Billion Under Two Programs
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement under two ongoing…
Digital Payments Surge in Pakistan as Transactions Rise 65% in FY2025-26
ISLAMABAD: Digital payments continued to gain momentum in Pakistan during fiscal year 2025-26, with the volume…
‘This Is a New Pakistan’: PM Shehbaz Quotes IMF Chief on Economic Progress
Islamabad: Prime Minister Muhammad Shehbaz Sharif has said that the Managing Director of the International Monetary…
Finance Minister Says Investor Participation in Pakistan’s Economic Growth More Than Doubled in 2.5 Years
KARACHI: Federal Minister for Finance Senator Muhammad Aurangzeb has said that investor participation in Pakistan’s economic…
Global Oil Prices Rise as Brent Crude Surpasses $103 per Barrel
LONDON: Global crude oil prices have risen, with Brent crude surpassing $103 per barrel amid renewed…
Power Tariff Hike Likely as NEPRA to Hear Rs1.73 Per Unit Fuel Adjustment Request
Islamabad: Electricity consumers across Pakistan, including K-Electric customers, may face higher power tariffs under the monthly…
Oil Prices Surpass $107 Per Barrel as Crude Gains Nearly 3% in Global Markets
Islamabad: Global crude oil prices have risen by nearly 3%, with Brent crude climbing above $107…
Oil Prices Fall as Crude Drops Below $100 Amid Hopes for US-Iran Diplomacy
Islamabad: Global crude oil prices fell sharply on Monday, with U.S. West Texas Intermediate (WTI) crude…
Trump Imposes 50% Tariffs on Canadian Imports, Trade Tensions Escalate
OTTAWA: US President Donald Trump has announced a 50% tariff on a wide range of imports…
Govt Approves Daily Fuel Pricing System, OGRA to Announce Rates Without PM’s Approval
ISLAMABAD: Pakistan’s federal cabinet has approved a new daily pricing mechanism for petroleum products, authorizing the…
PM Shehbaz cuts petrol and diesel prices by Rs74, Rs67 per litre
Islamabad: The government on Friday reduced the prices of petrol by Rs74 per litre and diesel…
Shehbaz Sharif Directs IMF Talks to Reduce Petroleum Levy Burden
ISLAMABAD: Prime Minister Shehbaz Sharif has instructed the Finance Division to talk to the International Monetary…
Govt mulls shipping options as Iran allows limited Hormuz passage
Islamabad: Pakistan is weighing options such as allowing other ships to carry essential cargo under its…
IMF Reaches Staff-Level Agreement With Pakistan for $1.2bn
ISLAMABAD: The International Monetary Fund has reached a staff-level agreement with Pakistan on the third review…
Govt weighs optional power tariff for industries
ISLAMABAD: The Ministry of Energy is considering introducing an optional tariff mechanism aimed at supporting industrial…
Oil prices climb as Iran denies US talks amid Gulf tensions
SINGAPORE: Oil prices rose in early trading on Tuesday amid renewed supply concerns, as Iran denied…
PSX Falls as Oil Price Surge Triggers Market Sell-Off
KARACHI: Stocks at the Pakistan Stock Exchange declined on Thursday as a surge in global oil…
Strait of Hormuz Tensions Push Oil Toward $100
LONDON: Global oil prices hovered near $100 per barrel on Monday as the conflict involving Iran…
Strait of Hormuz Disruption Threatens Pakistan’s Economy
ISLAMABAD: Pakistan’s economy is facing growing pressure as tensions in the Middle East disrupt oil shipments…
Pakistan’s Foreign Financial Assistance Rises to $5.17 Billion
ISLAMABAD, Mar 13 (APP): Economic Affairs Division of Pakistan has released data showing that Pakistan received…
Middle East War Triggers Biggest Oil Supply Disruption: IEA
ISLAMABAD, Mar 12 (APP): The ongoing conflict in the Middle East has triggered the largest oil…
Pakistan, IMF make progress on Extended Fund Facility review
ISLAMABAD: The International Monetary Fund (IMF) on Wednesday said “considerable progress” had been made in discussions…