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
Jun 12, 2026
Jun 12, 2026
The fifth consecutive cut comes as oil prices slide on US-Iran peace hopes
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 backs Pakistan's federal budget for 2026-27 but warns the formal sector bears a disproportionate tax load while the cash economy grows
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'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'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'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.
Income and sales tax concessions increased in FY2025, while customs duty exemptions fell sharply as the government tightened import-related incentives
Government seeks to meet IMF conditions through higher revenue collection, fiscal discipline and expanded tax enforcement while targeting 4.1% economic growth
Pakistan's successful Eurobond and Panda Bond issuances signaled renewed investor confidence and restored access to global markets
Private-sector credit increased 12% year-on-year during July-March FY2026, driven by demand from manufacturing, trade, transport and agriculture sectors
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'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 posted a $2.91 billion trade surplus in the first nine months of FY2026, with freelance exports surging 51% year-on-year
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
New tax measures, higher fuel levies and increased welfare spending aim to support fiscal targets
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'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
Industry urges higher duties on imported scrap, tighter enforcement against tax evasion, and sales tax
With provinces receiving 57.5% of the divisible tax pool, rising transfers are intensifying debate over fiscal sustainability and expenditure responsibilities
