Economy

The illegal inflow equals nearly a quarter of national diesel demand; costs the exchequer PKR 475 million a day

New taxes, higher levies and tariff reforms finalized as Pakistan targets tighter fiscal discipline under IMF program.

Lower PSDP spending highlights revenue constraints and IMF-linked austerity as ministries seek nearly PKR4 trillion for FY27 projects

Car sales jump 106.9%, KSE-100 index rise 9.6%; current account falls to a $324 million deficit

IMF says Pakistan pledged fiscal consolidation, tax reforms and inflation control measures during discussions on FY27 budget

One-month yields jumped 86 basis points to 12.23% as markets adjusted following last month's rate hike

NEPRA will hold a public hearing on June 2 to discuss tariff hike

Estimates include PKR 7.41 trillion in direct taxes and PKR 1.73 trillion petroleum levy

Government has signed 23 agreements with up to $1 billion in potential investment across two phases

Think tank report says distributed solar reached 51 GW by March 2026, reshaping demand and reducing reliance on the national grid

Banking and power sectors led outflows as easing forex restrictions allowed multinational firms to transfer earnings abroad, adding pressure on Pakistan’s external account

The inflows raised Pakistan’s external financing to USD 11.07 billion in July-April

High-speed diesel could climb PKR 4.16 as global crude rebounds,

The association cited the Israel-US war on Iran and regional instability as evidence that industrial self-sufficiency is critical of national defense

The cabinet body also approved PKR 3.9 billion for youth skill development, new gemstone policy

Deposits could reach PKR 14.5 trillion and branches expand to 7,800 by year-end

Auto sales doubled to 22,015 units in April as easing financing costs and new variant fuel demand

Pakistan has invited investors to bid for 51–100% stakes in FESCO, GEPCO and IESCO, marking a major step in its power sector privatization drive

Officials expect current fiscal year growth to miss target at 3.7%, despite gains in manufacturing, construction and agriculture

Idrees Textile Mills Limited says “unfavourable market conditions” have disrupted its operations