Business
ICMA proposes sweeping tax reforms for FY27 budget to broaden revenue base
Institute urges digital, green and urban levies to boost revenue and formalize economy
Mar 18, 2026
Mar 18, 2026
Institute urges digital, green and urban levies to boost revenue and formalize economy
Prices hit two-year high as LNG disruption fears shift demand to coal
Exporters warn levy by handling firm could raise costs and disrupt shipments of perishable goods
Higher energy prices may raise inflation, borrowing costs and fiscal pressures across Europe and Asia
The government now faces a critical policy choice: increase petrol and diesel prices to reduce demand or introduce fuel rationing to control consumption
Strong remittances, FDI and current account surplus point to improving stability
Analysts cite higher prices, Ramadan slowdown and Hormuz tensions as key risks to consumption
Official says of the eight LNG cargoes scheduled for March, only two have arrived
The yields for all four tenors rose sharply, with the three-month bill jumping 100 basis points
As global oil supplies remain disrupted, the government has two choices to manage the domestic fuel consumption
Senate panel told country has limited petroleum reserves as shipping disruptions affect energy markets
Analysts expect current account deficit to stay within 0-1% of GDP despite oil price risks
Declines in yarn, cloth and home textiles weigh on sector performance
Topline Securities says sustained energy prices may reshape inflation outlook and influence interest rates
Government maintains petroleum levy while compensating oil firms through price differential claims
Officials warn supply disruptions could tighten gas availability as analysts weigh impact on power and industry
PM Shehbaz says government would provide as much relief to the public as possible despite economic challenges
The government had hiked fuel rates by PKR 55 per liter last week
New rule mandates prior approval as Middle East tensions threaten fuel supply chains
Section 301 probe will examine whether governments failed to ban imports of goods produced with forced labor
