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
Oct 28, 2026
Oct 28, 2026
Petrol falls to PKR 376.06 despite higher import costs, while diesel rises to PKR 398.07 under the latest fuel price revision
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
Karachi Chamber says the IRIS portal prevents some returning tax residents from updating their opening wealth balances, making it difficult to file accurate returns for 2026
Business body warns that raising the policy rate above 11.5% would increase production costs, discourage investment and hamper economic growth
Revised rules specify a PKR 500 million ceiling for investments in a single startup, alongside limits for company shares and investment funds
Association says IRIS automatically carries forward old wealth balances, preventing returning residents from entering updated figures for tax year 2026
Ministry reports recovering more than PKR 712 million in fraudulent payments and receiving over 55,000 complaints about irregularities
Revised rates take effect October 21, offering higher returns on special savings, Behbood, short-term and Islamic savings schemes
Two-year plan carries a medium risk profile and an expected annual return of 10.75%-11.25%, with subscriptions open through October 30
Bank says 6,880 applications have been approved, while 1,000 families had received PKR 7.34 billion in financing by September 30
Pakistan raised PKR 3.14 trillion through sovereign sukuk in FY26 as Islamic mutual funds outnumbered conventional funds for the first time, SECP says
Government aims to support 125,000 housing units as Shehbaz Sharif presses banks to speed up disbursements and expand SME and agricultural lending
Overseas borrowers have raised 115.5 billion yuan this year as low Chinese interest rates and easier cross-border rules expand yuan financing
PIB yields near 12.5% offer a wide nominal premium over Gulf benchmark rates, though currency and repatriation risks remain key constraints
Fund questions preferential treatment for EVs and their parts under draft auto policy as government considers changes before final approval
Special Savings sees largest increase of 74 basis points, while three-month short-term savings rate falls by 6 basis points
Government exceeds PKR700 billion target as three-, six- and 12-month cutoff yields rise by 49–75 basis points
About 5.2 million Tax Year 2026 returns have been filed as business groups and tax professionals press the government for additional time
Pasban Remittance Reward Scheme offers quarterly cash prizes to eligible recipients, with the first PKR 4 billion draw set for January 15, 2027
Naya Pakistan Certificates contributed USD 629.76 million, while multilateral financing reached USD 590.96 million and commercial borrowing totaled USD 300 million
