Business
After record hike, Pakistan cuts petrol, diesel prices by PKR 5 for one week
The reduction follows an up to PKR 150 per liter hike in fuel prices since March 1
May 15, 2026
May 15, 2026
The reduction follows an up to PKR 150 per liter hike in fuel prices since March 1
SBP Governor Jameel Ahmad warns global uncertainty may drag Q4 growth and push inflation above 7%, even as Pakistan's external account strengthens
SBP has raised digital transaction limits from May 14 to June 5 to promote cashless payments
Facility to offer Riba-free export credit insurance, credit risk management to exporters
Week-on-week, Sensitive Price Indicator rises by 0.47%
Staff report outlines strict conditions on budgets, taxes, energy pricing and financial sector reforms, with several targets still unmet or in progress
Heavy reliance on GCC fuel imports leaves Pakistan exposed to higher oil prices, supply disruptions and weaker remittances
The 3-year bond priced at a 2.5% coupon attracted $1.26 billion in demand
The surge is driven by Service Long March Tyres Limited which has expanded its footprint since starting operations in 2022
Domestic debt servicing cost has fallen 23% year-on-year to PKR 4.95 trillion in nine months of FY26
Sehl Account limits raised to PKR 1 million and Sahulat Account limits to PKR 3 million
Rising energy costs and producer prices drive borrowing costs higher and lift rate expectations
Textile body warns move would undermine cotton research, worsen production decline and increase reliance on costly imports
Pakistan’s development spending, industrial output and remittances all post gains in FY26
FBR briefs ministers on proposals to detect false tax data, curb smuggling, and e-auctions
Per capita income at $1,901 as Pakistan posts strongest multi-quarter GDP performance in years
Finance Minister outlines stabilization efforts, export gains and structural reforms as IMF stresses fiscal discipline and sustained reform momentum
SBP reports Pakistan freelancers earned USD 985 million in FY25 despite payment hurdles
Lower borrowing costs, strong SBP profits and higher non-tax revenues help government narrow fiscal gap to 0.7% of GDP
Fund’s representative notes challenges for Pakistan despite economic stabilization
