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Pakistan approves refinery policy changes to speed Euro-V fuel upgrades
Shehbaz Sharif orders Gulf investor roadshows and faster implementation of refinery modernization reforms
Jul 28, 2026
Jul 28, 2026
Shehbaz Sharif orders Gulf investor roadshows and faster implementation of refinery modernization reforms
Fitch says the new sovereign sukuk structure will boost issuance and strengthen Islamic banks' funding options
Central bank's foreign exchange intervention rises nearly 7% from a year earlier, reflecting stronger external inflows and continued reserve accumulation
USD 21.5 billion is due during the fiscal year, with foreign exchange reserves projected to rise to USD 20.2 billion by December
Improving inflation and record remittances support economic stability, but geopolitical tensions and volatile oil prices are likely to keep policymakers cautious
Gallup survey shows outlook turns positive for the first time in three quarters, but businesses remain wary of the FY2026-27 budget, inflation and power outages
Finance minister highlights stronger fiscal indicators as talks focus on reforms and capital markets
SNGPL accounts for more than PKR 542 billion in unpaid RLNG bills, while delayed payments continue to strain the state-owned oil marketer's cash flow
The latest cargo cost USD 21.88/mmbtu, highlighting the premium Pakistan paid to secure fuel during regional geopolitical tensions
New system gives OGRA authority to revise fuel prices daily as government seeks quicker response to global oil market swings
Ratings agency cites IMF-backed reforms, stronger public finances and higher foreign exchange reserves; outlook remains stable
OICCI says policy delays and weak regulation are holding back agricultural productivity and investment
Reuters reports previously undisclosed request aims to bolster reserves, support the rupee and reduce reliance on multilateral lenders
Improved foreign exchange liquidity allows multinational companies to clear delayed earnings and dividends in FY26
Export earnings jump 78% from a year earlier, with IT freelancers contributing more than USD 1.16 billion
PLL awards July 27-28 cargo to TotalEnergies after receiving a single bid, extending the steady rise in spot LNG procurement costs
Federal cabinet approves market-linked mechanism based on seven-day rolling average of global oil prices, eliminating need for government approval on working days
SNGPL halted RLNG supplies following a government directive linked to regional disruptions, forcing the fertilizer producer to suspend operations
Expanded 48-team tournament paid a record USD 871 million to participating nations, nearly double the 2022 prize fund
June electricity generation fell 2.3% year-on-year as weaker demand and LNG supply disruptions offset gains from imported coal
