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Petroleum levy maintained as government raises fuel prices

Petroleum levy maintained as government raises fuel prices

ISLAMABAD: The Petroleum Division has issued a notification maintaining the existing petroleum levy on petrol, diesel and kerosene despite the…
Govt raises $16.2 billion in external financing, misses FY26 target

Govt raises $16.2 billion in external financing, misses FY26 target

ISLAMABAD: With Chinese refinancing of a commercial loan of $1.7 billion, Pakistan has fetched $16.2 billion in the shape of…
EU report says Pakistan remains biggest beneficiary of GSP+ scheme

EU report says Pakistan remains biggest beneficiary of GSP+ scheme

BRUSSELS: The European Commission’s latest GSP+ report has reaffirmed Pakistan as the largest beneficiary of the European Union’s preferential trade…
CPPA seeks Rs1.20 per unit electricity price hike

CPPA seeks Rs1.20 per unit electricity price hike

Electricity consumers across Pakistan could soon face a fresh increase in their monthly power bills, as the Central Power Purchasing…
Pakistan receives first-ever Ro-Ro shipment of over 2,000 Electric vehicles at Karachi port

Pakistan receives first-ever Ro-Ro shipment of over 2,000 Electric vehicles at Karachi port

In a landmark development for Pakistan’s maritime and automotive sectors, Karachi Port has received the country’s first-ever roll-on/roll-off (Ro-Ro) shipment…
Pakistan, Uzbekistan plan five-year roadmap to expand trade and connectivity

Pakistan, Uzbekistan plan five-year roadmap to expand trade and connectivity

Prime Minister Shehbaz Sharif Thursday chaired a meeting to review preparations for the upcoming visit of Uzbek Deputy Prime Minister…
Punjab launches Nawaz Sharif Schools of Eminence to expand free, quality education across province

Punjab launches Nawaz Sharif Schools of Eminence to expand free, quality education across province

LAHORE: Punjab Education Minister Rana Sikandar Hayat has announced the launch of the Nawaz Sharif Schools of Eminence at the…
LPG industry warns of winter fuel crisis over pricing disputes and Balochistan transport security

LPG industry warns of winter fuel crisis over pricing disputes and Balochistan transport security

Pakistan is staring at a potentially severe Liquefied Petroleum Gas (LPG) shortage in the upcoming winter season unless immediate administrative…
FinMin to visit Washington for trade, investment talks

FinMin to visit Washington for trade, investment talks

ISLAMABAD: Finance Minister Muhammad Aurangzeb is scheduled to begin a three-day visit to Washington on Saturday, where he will hold…
Pakistan posts Rs39.5bn current account deficit in FY2025-26

Pakistan posts Rs39.5bn current account deficit in FY2025-26

KARACHI: The State Bank of Pakistan (SBP) has released current account data for FY2025-26, showing that the country recorded a…
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