Economy

Pakistan petrol price likely to rise PKR 9.30 for next week
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Pakistan petrol price likely to rise PKR 9.30 for next week

High-speed diesel could climb PKR 4.16 as global crude rebounds,

Pakistan's steel industry urges PM, army chief to declare sector 'strategic'
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Pakistan's steel industry urges PM, army chief to declare sector 'strategic'

The association cited the Israel-US war on Iran and regional instability as evidence that industrial self-sufficiency is critical of national defense

ECC approves PNSC restructuring through 30% stake sale to NLC
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ECC approves PNSC restructuring through 30% stake sale to NLC

The cabinet body also approved PKR 3.9 billion for youth skill development, new gemstone policy

Pakistan's Islamic banking assets projected to hit PKR 19T by December
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Pakistan's Islamic banking assets projected to hit PKR 19T by December

Deposits could reach PKR 14.5 trillion and branches expand to 7,800 by year-end

Pakistan car financing hits 46-month high despite higher prices
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Pakistan car financing hits 46-month high despite higher prices

Auto sales doubled to 22,015 units in April as easing financing costs and new variant fuel demand

Pakistan opens privatization bids for FESCO, GEPCO and IESCO power distribution companies
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Pakistan opens privatization bids for FESCO, GEPCO and IESCO power distribution companies

Pakistan has invited investors to bid for 51–100% stakes in FESCO, GEPCO and IESCO, marking a major step in its power sector privatization drive

Pakistan eyes 4% growth target for FY27 as planning body reviews PKR 1.126 trillion development budget
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Pakistan eyes 4% growth target for FY27 as planning body reviews PKR 1.126 trillion development budget

Officials expect current fiscal year growth to miss target at 3.7%, despite gains in manufacturing, construction and agriculture

Pakistan’s textile mill cuts production over rising raw material costs, cotton shortage
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Pakistan’s textile mill cuts production over rising raw material costs, cotton shortage

Idrees Textile Mills Limited says “unfavourable market conditions” have disrupted its operations

Pakistan explores tokenization of sovereign bonds, Naya Pakistan Certificates
Business

Pakistan explores tokenization of sovereign bonds, Naya Pakistan Certificates

Finance minister says Pakistan is exploring new technologies to support economic modernization

Pakistan to import 7.2 million cotton bales in FY27 as local output falls
Business

Pakistan to import 7.2 million cotton bales in FY27 as local output falls

Domestic cotton production is projected at 6.94 million bales against the consumption of 14.15 million

Pakistan plans PKR 17T budget with IMF-backed tax hikes, subsidy cuts
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Pakistan plans PKR 17T budget with IMF-backed tax hikes, subsidy cuts

Government pledges PKR 860 billion in new taxes as it ends fuel subsidies, raises power tariffs and speeds up privatization under IMF conditions

Pakistan's IT exports hit $3.81 billion in 10 months of FY26
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Pakistan's IT exports hit $3.81 billion in 10 months of FY26

The 10-month number almost matches the exports recorded in the entire FY25

Pakistan's current account posts $324M deficit in April as imports surge 22%
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Pakistan's current account posts $324M deficit in April as imports surge 22%

Goods imports jumped to $5.97 billion in April while remittances fell from March's high

FPCCI proposes sweeping tax cuts, scrapping super tax in FY27 budget proposals
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FPCCI proposes sweeping tax cuts, scrapping super tax in FY27 budget proposals

Business body calls for exporter incentives, lower corporate taxes and higher income thresholds to boost growth and investment

Pakistan commits to no new fuel subsidies, fiscal incentives under IMF programme
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Pakistan commits to no new fuel subsidies, fiscal incentives under IMF programme

MF report says Islamabad commits to debt reduction, market-based reforms and tighter oversight of foreign exchange and financial sectors

SECP reports surge in company registrations, foreign investment after reforms
Business

SECP reports surge in company registrations, foreign investment after reforms

Corporate registrations rise 21% in February-April 2026 as regulator expands digitization, compliance and business facilitation measures

IMF urges SBP to be ready for more rate hikes if inflation rises
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IMF urges SBP to be ready for more rate hikes if inflation rises

Fund warns poverty and slowing growth are compounding risks to macroeconomic stability

NEPRA approves Iran electricity import tariff at 12.40 cents/kWh
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NEPRA approves Iran electricity import tariff at 12.40 cents/kWh

The regulator clears an extension of 104MW and an additional 100MW from TAVANIR

IMF warns Pakistan faces LNG supply disruptions, rising circular debt and delayed power reforms
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IMF warns Pakistan faces LNG supply disruptions, rising circular debt and delayed power reforms

Surplus LNG contracts, delayed DISCO reforms and mounting energy sector financial pressures weigh on Pakistan

Global bond markets tumble as Iran war and inflation push Treasury yields higher
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Global bond markets tumble as Iran war and inflation push Treasury yields higher

US 30-year Treasury yields climb above 5.1% and Japan's 30-year yield hit 4% for the first time since 1999