Economy

Pakistan raises diesel price to PKR 402.96, keeps petrol unchanged
Markets

Pakistan raises diesel price to PKR 402.96, keeps petrol unchanged

Diesel rises PKR 2.29 per liter for October 31–November 2, taking its increase over the past week to PKR 9.30

Pakistan offers Saudi Arabia oil storage opportunities under tax-neutral policy
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Pakistan offers Saudi Arabia oil storage opportunities under tax-neutral policy

Talks also cover refinery upgrades, crude oil supplies and LPG imports as Pakistan seeks to strengthen energy security

SBP mandates SMEConnect for SME loan applications from November 1
Business

SBP mandates SMEConnect for SME loan applications from November 1

New platform lets small businesses apply for financing, track requests and see rejection reasons, while giving the central bank real-time lending data

Pakistan October inflation forecasts differ over food, fuel costs
Research

Pakistan October inflation forecasts differ over food, fuel costs

Finance Ministry expects inflation of 9.5–10.5%, while Topline Securities forecasts 9–9.5%, with food and transport costs driving price pressures

Pakistan aviation body urges reversal of 3-year foreign pilot rule
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Pakistan aviation body urges reversal of 3-year foreign pilot rule

AOOA says around 1,500 Pakistani pilots are unemployed while domestic airlines employ more than 150 foreign pilots, raising concerns over jobs and foreign exchange costs.

PSO, Attock Petroleum profits jump 144% to PKR 32.2bn
Markets

PSO, Attock Petroleum profits jump 144% to PKR 32.2bn

Higher fuel prices, stronger sales and estimated inventory gains of PKR 43 billion lifted earnings in the July-September quarter, AHL says

Pakistan poverty rate rises to 28.9%, reversing earlier gains
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Pakistan poverty rate rises to 28.9%, reversing earlier gains

Planning Minister Ahsan Iqbal blames political uncertainty, economic crises and climate shocks, calling for greater development spending and stronger local governments

Pakistan proposes 3-year jail term for unpaid petroleum levies
Business

Pakistan proposes 3-year jail term for unpaid petroleum levies

Amendment bill would impose late-payment penalties and allow license suspension for oil companies and refineries that fail to pay petroleum and climate support levies

SBP buys USD 863 million in July as Pakistan builds forex reserves
Markets

SBP buys USD 863 million in July as Pakistan builds forex reserves

Central bank's net dollar purchases rose 5.5% to USD 8.104 billion in FY26, while foreign exchange reserves reached approximately USD 21.5 billion

Pakistan petrol pump owners seek return to 15-day fuel pricing
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Pakistan petrol pump owners seek return to 15-day fuel pricing

Association says daily fuel price revisions disrupt operations and officials have assured it that steps will be taken toward restoring fortnightly pricing

SBP doubles minimum capital requirement for banks to PKR 20 billion
Markets

SBP doubles minimum capital requirement for banks to PKR 20 billion

Existing banks have until December 31, 2030 to comply, while statutory reserves can now count toward the revised requirement

Pakistan's petrol price falls as customs-duty component drops
Business

Pakistan's petrol price falls as customs-duty component drops

Petrol falls to PKR 376.06 despite higher import costs, while diesel rises to PKR 398.07 under the latest fuel price revision

ICMA weighs inflation risks against business costs after SBP rate hike
Research

ICMA weighs inflation risks against business costs after SBP rate hike

Review compares the 12% policy rate with holding at 11.5% or cutting to 10.5%, highlighting the impact on investment and industrial recovery

Pakistan's MHIL signs USD 2.25 billion lithium battery plant deal
Markets

Pakistan's MHIL signs USD 2.25 billion lithium battery plant deal

Rawalpindi facility could begin producing lithium-ion cells within six to eight months of government policy approval, says EDB official

FBR warns of higher tax penalties after October 31 deadline
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FBR warns of higher tax penalties after October 31 deadline

Individuals, businesses and traders could face increased penalties from November 1, according to FBR sources

FBR orders steel manufacturers to install digital monitoring by December 30
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FBR orders steel manufacturers to install digital monitoring by December 30

New system will track steel production, measure output and verify dispatches, with data sent directly to the tax authority

Pakistan raises petrol, diesel prices as global oil remains near six-month highs
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Pakistan raises petrol, diesel prices as global oil remains near six-month highs

Petrol rises to PKR 379.25 per liter and diesel to PKR 395.82, leaving both fuels more than 40% above their pre-war levels

Pakistan faces $21.5 billion in external debt repayments in FY27
Pakistan

Pakistan faces $21.5 billion in external debt repayments in FY27

SBP governor says around USD 10 billion in obligations is expected to be managed through rollovers and refinancing, with USD 5.5 billion still to be repaid

Pakistan's core inflation at 8.4% in September, above historical average
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Pakistan's core inflation at 8.4% in September, above historical average

Services inflation remains elevated at 8.9% as SBP raises its policy rate to 12% and warns that Middle East tensions could prolong price pressures

Pakistan, US discuss energy cooperation and long-term fuel supply contracts
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Pakistan, US discuss energy cooperation and long-term fuel supply contracts

Petroleum Minister Ali Pervaiz Malik highlights refinery upgradation investment opportunities as US companies show interest in LNG supplies to Pakistan.