Business
Pakistan's fiscal deficit falls to 0.7% of GDP for the first time ever
Pakistan posted its lowest-ever nine-month fiscal deficit alongside a 3.2% primary surplus
May 12, 2026
May 12, 2026
Pakistan posted its lowest-ever nine-month fiscal deficit alongside a 3.2% primary surplus
Major multinationals including P&G, Shell, and Microsoft have scaled back in Pakistan. Here's what's driving the exits and what the data shows about FDI.
Despite short-term stability, SBP flags medium-term risks to growth, remittances, and fiscal balance
FBR amendments would require embassy verification, security clearance, and expanded disclosure of foreign funding and ownership
Concerns raised over weak reporting, low compliance, and black money inflows into property sector
Move aims to steady global markets as Strait of Hormuz disruptions tighten supply; major energy firms take part in DOE program
Petroleum minister says every company should set its own prices and do its own procurement
The tender for two spot cargoes of 140,000 cubic meters each was floated on May 9
The carrier left Qatar on May 2 and transited the Strait of Hormuz, reportedly after Iran permission
GPA chairman meets logistics, shipping companies in Karachi; discusses transshipment, feeder services
The project being built with a local partner, is expected to complete by December 2031
Move expands access to Shariah-compliant stocks, sukuk and ETFs under dedicated trading systems
Tariff reductions aim to boost cargo traffic and position Gwadar as a regional trade hub
Inflows from overseas Pakistanis reached USD 33.86 billion in the first 10 months of FY26
Analysts say the ex-refinery price of diesel nearly doubled since March 1, but government could have cut the tax to ease the burden
Pakistan's petroleum minister met Barrick Gold's chairman to review the Reko Diq copper-gold project and discuss its next development phase in Balochistan.
Investment activity has jumped nearly 35% as local and overseas buyers shift focus from Dubai to Karachi
Qatari LNG tanker Al-Kharaitiyat is crossing the Strait of Hormuz toward Pakistan's Port Qasim in the first confirmed passage since regional conflict began
Aurangzeb oil import bill increased by over $1 billion between March and April due to higher oil prices
Criticism mounts as government returns to spot market two days after rejecting bids in a previous tender
