Economy

Pakistan cuts petrol, diesel prices by up to PKR 4 for one week
Business

Pakistan cuts petrol, diesel prices by up to PKR 4 for one week

The fifth consecutive cut comes as oil prices slide on US-Iran peace hopes

Pakistan's 2026-27 budget proposes Rs200 billion tariff cuts, customs reforms
Business

Pakistan's 2026-27 budget proposes Rs200 billion tariff cuts, customs reforms

Pakistan's 2026-27 budget proposes Rs200 billion in tariff cuts across 7,500+ industrial items, aligned with the National Tariff Policy 2025-2030. Here's what changes.

OICCI welcomes Pakistan budget but warns tax burden falls on formal sector
Business

OICCI welcomes Pakistan budget but warns tax burden falls on formal sector

OICCI backs Pakistan's federal budget for 2026-27 but warns the formal sector bears a disproportionate tax load while the cash economy grows

FPCCI welcomes tax relief in Pakistan budget 2026-27, calls for shift to industrial growth
Business

FPCCI welcomes tax relief in Pakistan budget 2026-27, calls for shift to industrial growth

Pakistan's top business body welcomed tax relief measures in the federal budget 2026-27 but urged the government to prioritize industrial growth and export expansion

Pakistan budget 2026-27 targets retailers, digital income and imports with new taxes
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Pakistan budget 2026-27 targets retailers, digital income and imports with new taxes

Pakistan's federal budget introduces a fixed tax scheme for small retailers, a withholding tax on social media earnings, and new duties on luxury vehicles and e-cigarettes

Pakistan budget 2026-27 cuts income taxes for salaried workers, businesses
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Pakistan budget 2026-27 cuts income taxes for salaried workers, businesses

Pakistan's FY2026-27 budget proposes income tax cuts across four salary brackets, relief for businesses, and a new retail tax regime, targeting 17.6% revenue growth

Pakistan proposes PKR 18.77 trillion budget with debt servicing as largest expense
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Pakistan proposes PKR 18.77 trillion budget with debt servicing as largest expense

Pakistan's FY2026-27 federal budget allocates PKR 8.05 trillion to debt servicing, nearly 43% of total spending, as the government targets PKR 15.26 trillion in tax revenue.

Pakistan grants PKR 2.53 trillion in tax exemptions despite fiscal tightening
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Pakistan grants PKR 2.53 trillion in tax exemptions despite fiscal tightening

Income and sales tax concessions increased in FY2025, while customs duty exemptions fell sharply as the government tightened import-related incentives

Pakistan to unveil PKR 18.2 trillion budget with tax target of PKR 15.3 trillion
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Pakistan to unveil PKR 18.2 trillion budget with tax target of PKR 15.3 trillion

Government seeks to meet IMF conditions through higher revenue collection, fiscal discipline and expanded tax enforcement while targeting 4.1% economic growth

Foreign portfolio investment posts USD 944 million net outflow in FY26
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Foreign portfolio investment posts USD 944 million net outflow in FY26

Pakistan's successful Eurobond and Panda Bond issuances signaled renewed investor confidence and restored access to global markets

Private sector borrowing rises as lower interest rates spur credit demand
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Private sector borrowing rises as lower interest rates spur credit demand

Private-sector credit increased 12% year-on-year during July-March FY2026, driven by demand from manufacturing, trade, transport and agriculture sectors

Pakistan's stronger buffers help manage global oil price risks, Economic Survey says
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Pakistan's stronger buffers help manage global oil price risks, Economic Survey says

Pakistan's Economic Survey 2025-26 says the country remains vulnerable to global oil price swings but stronger external buffers are limiting the immediate impact

Pakistan transport, energy and media sectors show mixed results in first nine months of FY2026
Business

Pakistan transport, energy and media sectors show mixed results in first nine months of FY2026

Pakistan's transport, energy and media sectors posted uneven results in July-March FY2026, with electricity output at 92,835 GWh and petroleum demand up 3.5%

Pakistan's ICT sector posts $2.91 billion trade surplus in first nine months of FY2026
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Pakistan's ICT sector posts $2.91 billion trade surplus in first nine months of FY2026

Pakistan's ICT sector posted a $2.91 billion trade surplus in the first nine months of FY2026, with freelance exports surging 51% year-on-year

Pakistan records historic low fiscal deficit of 0.7% of GDP in first nine months of FY2025-26
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Pakistan records historic low fiscal deficit of 0.7% of GDP in first nine months of FY2025-26

Pakistan's fiscal deficit fell to a historic low of 0.7% of GDP in July-March FY2026, driven by stronger revenues and lower debt costs, the Economic Survey 2025-26 shows

Pakistan set to unveil PKR 18 trillion budget with tax cuts for salaried class
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Pakistan set to unveil PKR 18 trillion budget with tax cuts for salaried class

New tax measures, higher fuel levies and increased welfare spending aim to support fiscal targets

Pakistan extends austerity measures to June 30, eases grocery store hours
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Pakistan extends austerity measures to June 30, eases grocery store hours

Pakistan has extended fuel conservation and austerity measures until June 30 and allowed kiryana stores to stay open until 10 p.m. daily, the government announced

Pakistan cuts proposed federal development spending by PKR 270 billion ahead of budget
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Pakistan cuts proposed federal development spending by PKR 270 billion ahead of budget

Pakistan's NEC is set to approve a PKR 4.194 trillion national development program for FY2026-27, with federal PSDP cut by PKR 270 billion amid fiscal pressure

Ship breakers seek tax reforms to protect Pakistan’s recycling industry
Business

Ship breakers seek tax reforms to protect Pakistan’s recycling industry

Industry urges higher duties on imported scrap, tighter enforcement against tax evasion, and sales tax

NFC transfers hit record high, putting pressure on Pakistan’s federal budget
Business

NFC transfers hit record high, putting pressure on Pakistan’s federal budget

With provinces receiving 57.5% of the divisible tax pool, rising transfers are intensifying debate over fiscal sustainability and expenditure responsibilities