ISLAMABAD, April 13, 2026 – Prime Minister Shehbaz Sharif on Monday chaired a high-level meeting to review Pakistan’s petroleum product reserves amid heightened regional tensions, directing authorities to maintain strict monitoring of oil consumption and supply levels.
(more…)Author: Mrs. Anjum Shahnawaz
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PM Shehbaz reveals behind-the-scenes role in Iran-US talks
ISLAMABAD, April 13, 2026 – Prime Minister Shehbaz Sharif said on Monday that Pakistan made extensive efforts to help resolve tensions between the United States and Iran, highlighting Islamabad’s role in facilitating dialogue and securing a temporary ceasefire.
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Islamabad chamber urges swift reforms to revive real estate sector
ISLAMABAD, April 13, 2026 – The Islamabad Chamber of Commerce and Industry has called for immediate and practical reforms to revitalize Pakistan’s real estate and construction sector, highlighting its critical role in driving economic growth, investment and job creation.
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Finance Minister Aurangzeb in Washington for IMF-World Bank meetings
April 13, 2026 – Pakistan Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to participate in the World Bank–IMF Spring Meetings 2026, as Islamabad seeks to strengthen engagement with global lenders and advance its economic reform agenda.
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Pakistan minister seeks proposals to cut GST on dairy sector to 10%
ISLAMABAD, April 13, 2026 – Pakistan’s Federal Minister for Commerce Jam Kamal Khan on Monday directed industry stakeholders to submit proposals for reducing the general sales tax (GST) on dairy products from 18% to 10%, in a move aimed at supporting the country’s struggling dairy sector.
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Oil surges past $100 as US-Iran tensions escalate after failed talks
Oil prices surged above $100 a barrel on Sunday after diplomatic efforts between the United States and Iran broke down, raising fears of a major disruption to global energy supplies.
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Punjab to offer tax relief for real estate in budget 2026-27, governor says
Punjab Governor Sardar Saleem Haider Khan said on Sunday that additional tax relief for the real estate sector is expected in the upcoming budget as part of broader efforts to revive economic activity and support industrial growth.
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Did you know? Levies and commissions make up 29% of Rs366/litre petrol price
ISLAMABAD- Around 29% of the retail price of petrol in Pakistan consists of taxes, levies and distribution margins, according to industry calculations following the latest fuel price revision announced by the government.
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Karachi braces for very hot Sunday as temperature nears 39°C
KARACHI, April 11 – Karachi is expected to experience very hot and dry weather on Sunday, with temperatures likely to climb as high as 39 degrees Celsius, the Pakistan Meteorological Department (PMD) said in an advisory issued on Saturday.
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SSGC suspends gas supply to industries across Sindh for 24 hours
KARACHI, April 11 – Sui Southern Gas Company on Saturday announced a 24-hour suspension of gas supply to industrial consumers across Sindh, citing a system shortfall and efforts to improve pressure and ensure equitable distribution.
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