ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in imported liquefied natural gas (LNG) prices for January, issuing a fresh notification that provides limited relief to consumers and industries dependent on the fuel. Read More: OGRA raises LNG prices for august According to the notification, imported LNG prices for January have been lowered by […]
Pakistan economy
Sugar deregulation plan stalls amid IMF pressure
ISLAMABAD: Pakistan’s efforts to carry out full deregulation of the sugar sector under an International Monetary Fund (IMF) condition have seen little progress, with key provincial legislation yet to move forward despite looming deadlines. Read More: Sugar mills push for deregulation to boost farmers’ profits Officials say the federal government had committed to removing all state intervention in […]
State Bank launches women finance code to support entrepreneurs
KARACHI: The State Bank of Pakistan (SBP) on Friday began implementing the Women Entrepreneurship Finance (WE-FI) Code, adopted on July 7, 2025, to address financial barriers faced by women-led businesses. Read More: SBP injects Rs 358.5 billion in the market To mark the launch, SBP organised a two-day workshop in Islamabad in collaboration with the […]
PSX rallies as geopolitical concerns ease
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong recovery on Friday, driven by easing geopolitical tensions and robust year-on-year growth in large-scale manufacturing, as investors returned to the market after days of cautious trading. Read More: PSX drops 1,113 points on geopolitical tensions Investor sentiment improved following US President Donald Trump’s signals that the crackdown on protesters […]
Pakistan negotiates major UAE debt relief
Pakistan has formally asked the United Arab Emirates to extend repayment of $2.5 billion in loans for two years. The request includes lowering interest rates by nearly half, covering a $450 million facility dating back 30 years. Prime Minister Shehbaz Sharif confirmed the rollover agreement during the UAE president’s recent visit, though the exact duration […]
PSX drops 1,113 points on geopolitical tensions
KARACHI: Rising geopolitical tensions rattled the Pakistan Stock Exchange (PSX) on Thursday, pushing the benchmark KSE-100 index below the 181,000-point mark for the second consecutive session. Investors offloaded positions amid heightened uncertainty in the Middle East, with risk appetite remaining muted despite underlying market resilience. Read More: PSX equities slide 2,025 points amid profit-taking The KSE-100 […]
Fuel prices held steady as government raises petroleum levy
The government on Thursday kept the prices of petrol and high-speed diesel (HSD) unchanged for the next fortnight, while increasing the petroleum levy on both fuel. Read More: Petroleum rates may drop from January 16 According to a statement issued by the Petroleum Division, petrol will continue to retail at Rs253.17 per litre and HSD at […]
Experts: federal revenue myths distort Pakistan’s fiscal debate
As Pakistan convenes its 11th National Finance Commission (NFC), experts warn that misleading narratives about revenue sharing are skewing public debate and distracting from structural fiscal challenges. Critics often argue that the federal government is cash-strapped because 57.5% of federal revenues are allocated to provinces. Read More: FBR misses tax targets, revises FY2026 goals Analysis […]
Aurangzeb admits firms leaving Pakistan over taxes and energy costs
Finance Minister Muhammad Aurangzeb on Wednesday acknowledged that several multinational companies (MNCs) have exited Pakistan in recent years due to high taxes and energy costs, but urged firms to modernise their business models rather than rely on decades-old practices. Read More: Finmin urges FBR to intensify enforcement, expand tax net Speaking at the Pakistan Policy Dialogue […]
Petrol prices may drop again from January 16
Petrol and other petroleum product prices in Pakistan are expected to decline for the fourth consecutive fortnight from January 16, according to local media reports citing official sources on Tuesday. Read More: Petrol price slashed by Rs 10.28, diesel by Rs 8.57 for next fortnight Preliminary calculations indicate that petrol prices may be reduced by […]