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Pakistan's trade deficit has widened sharply at the start of the new fiscal year, climbing 18 percent to $7.1 billion in just the first two months, according to data released by the Pakistan Bureau of Statistics on
Pakistan collected a record Rs1.567 trillion through the petroleum levy in FY26 as lower interest costs and provincial surpluses reduced the fiscal deficit.
Pakistan enters FY2027 with stronger reserves and remittances, but renewed Middle East conflict and volatile oil prices threaten inflation and the trade balance.
ISLAMABAD: As the new fiscal year began, the Economic Coordination Committee (ECC) of the cabinet on Tuesday approved a Rs13 billion supplementary grant for the financially struggling Pakistan Television Corporation (PTVC) and a bailout pac
The State Bank of Pakistan has named 10 primary dealers for FY27, with UBL, NBP and Bank Alfalah among the top performers as the government leans on domestic borrowing.
Pakistan's official half-year report points to stronger growth, lower average inflation and recovering industry, while external and structural risks remain.
John Healey has been named chancellor in Andy Burnham’s first major Cabinet move, signalling a focus on fiscal discipline, growth and re-industrialisation
Finance Minister Muhammad Aurangzeb has reviewed Pakistan’s IMF programme progress, underscoring how closely the government is tracking reforms, fiscal targets and external financing needs.
Lionel Messi scored twice as Inter Miami recovered from an early deficit to beat Atlético de San Luis 4-2 in its Leagues Cup 2026 opener.
A leading thinktank says higher oil prices and inflation linked to the Iran war could leave the UK facing hard choices at the next autumn budget
A United States review has called for stronger parliamentary scrutiny and more timely publication of information about Pakistan's budgets and debt.
Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.
Prime Minister Shehbaz Sharif has urged early groundbreaking of the ML-1 railway upgrade during talks with ADB Vice President Yingming Yang.
On 26 August 2026, petrol in Pakistan costs Rs343.10 a litre and high-speed diesel Rs371.80. Those rates come from a Petroleum Division notification, and they are valid until 27 August — one day.
Economist Jonathan Portes argues Andy Burnham should avoid repeating Keir Starmer’s caution and use devolution, tax, EU and immigration policy to support growth
US Treasury Secretary Scott Bessent met Finance Minister Muhammad Aurangzeb and welcomed Pakistan's progress on economic reforms and its path back to international capital markets.
Pakistan's central bank looks set to sit on its hands at its upcoming monetary policy meeting, with analysts pointing to instability thousands of miles away in the Gulf as a key reason for staying cautious at home. H2
The government and Jamaat-i-Islami have agreed to form committees to review the petroleum levy and recommend public relief measures.
Prime Minister Shehbaz Sharif has said Pakistan remains far from becoming the social welfare state envisioned at its founding.
ECNEC reviewed major road, energy, water, education and poverty-reduction schemes as revised costs and project delays sharpen scrutiny of public investment.
Court filings indicate the Trump administration ended more than $7.5 billion in clean energy grants for states that backed Kamala Harris in 2024, while officials dispute claims of political targeting
Brazil has said it will retaliate if Washington follows through on 25% tariffs on selected imports, calling the measure a damaging turn in bilateral ties
Pakistan has asked Samsung to look beyond the local market and consider the country as a manufacturing and export hub, even as tax changes have squeezed phone competitiveness.
Jamaat-e-Islami's planned sit-ins over the petrol price hike have put Lahore, governor houses and public movement under watch before August 16.