Economy

Pakistan govt, provinces to develop joint targeted fuel subsidy plan
Business

Pakistan govt, provinces to develop joint targeted fuel subsidy plan

Official discuss possible subsidy including using government databases, and cash transfers

76% of Pakistani CEOs expect economy to improve in next 12 months: PwC survey
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76% of Pakistani CEOs expect economy to improve in next 12 months: PwC survey

Around 74% of Pakistani companies report limited or no AI application across business functions

Jazz presents $1 billion investment plan to boost Pakistan’s digital infrastructure
Business

Jazz presents $1 billion investment plan to boost Pakistan’s digital infrastructure

Telecom executives signal confidence in economy, expand spectrum and network capacity

Pakistan may face PKR 200 billion tax shortfall in March
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Pakistan may face PKR 200 billion tax shortfall in March

Slowing economy, refunds and regional tensions weigh on revenues

Pakistan inflation set to return to double digits from April
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Pakistan inflation set to return to double digits from April

Rising oil prices and subsidy strain drive worsening outlook

Economic shocks, energy supply disruption; IMF warns of fiscal risks due to Middle East conflict
UAE

Economic shocks, energy supply disruption; IMF warns of fiscal risks due to Middle East conflict

Fund says countries with limited reserves face heightened risks as rising import costs widen trade deficits

No lockdown in Pakistan after political leaders fail to reach consensus
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No lockdown in Pakistan after political leaders fail to reach consensus

Govt also shelves plans for fuel rationing app, subsidy for motorcyclists

Lucky Motor, China’s GAC Group sign deal for EV rollout in Pakistan
Business

Lucky Motor, China’s GAC Group sign deal for EV rollout in Pakistan

The partnership includes vehicle distribution, advanced battery manufacturing, and establishment of battery-swapping stations

Electricity rates expected to go up by PKR 1.6 in Pakistan
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Electricity rates expected to go up by PKR 1.6 in Pakistan

Higher tariff will apply to consumers nationwide

Pakistan is giving PKR 125B subsidy on fuel. How long can it go?
Pakistan Business

Pakistan is giving PKR 125B subsidy on fuel. How long can it go?

After increasing petrol and diesel prices by PKR 55 on March 6, the government has not increased the prices for three weeks despite higher global rates

Pakistan says fuel supply stable, committed to providing 'maximum relief'
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Pakistan says fuel supply stable, committed to providing 'maximum relief'

PM Sharif says austerity savings to support vulnerable groups, digital system to target aid

Trade picks up at Karachi Port as regional tensions reshape routes
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Trade picks up at Karachi Port as regional tensions reshape routes

Increased cargo flows and tanker arrivals signal shifting maritime patterns

Pakistan central bank flags rising risks from Middle East tensions, stresses fiscal discipline
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Pakistan central bank flags rising risks from Middle East tensions, stresses fiscal discipline

Monetary Policy Committee warns higher energy costs could push inflation above 7%

IMF reaches staff-level agreement with Pakistan, unlocking $1.2 billion
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IMF reaches staff-level agreement with Pakistan, unlocking $1.2 billion

Deal covers key program reviews as Fund warns of risks from Middle East conflict

Fuel price surge to push Pakistan inflation higher in March
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Fuel price surge to push Pakistan inflation higher in March

Brokerages warn CPI could exceed 7-8% amid rising transport and housing costs

Pakistan keeps fuel prices unchanged, increases subsidy to PKR 125 billion
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Pakistan keeps fuel prices unchanged, increases subsidy to PKR 125 billion

The prime minister ‘rejected’ a proposal to raise the petrol price by PKR 93 per liter and diesel by PKR 203.

Pakistan's weekly inflation up 8.2%, highest since Nov 2024
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Pakistan's weekly inflation up 8.2%, highest since Nov 2024

The year-on-year increase comes on the back of higher fuel, gas prices

Pakistan to launch app-based fuel subsidy system
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Pakistan to launch app-based fuel subsidy system

Digital vouchers to manage petrol distribution amid energy crisis

FPCCI urges government to terminate IPP agreements amid regional tensions
Business

FPCCI urges government to terminate IPP agreements amid regional tensions

Business body says capacity payments undermine relief from reduced electricity demand

Security concerns delay progress on Pakistan’s Reko Diq project
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Security concerns delay progress on Pakistan’s Reko Diq project

Barrick to extend review as development pace slows