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.
(more…)Author: Mrs. Anjum Shahnawaz
-
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.
(more…) -
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.
(more…) -
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.
(more…) -
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.
(more…) -
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.
(more…) -
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.
(more…) -
Aurangzeb heads to US for IMF-World Bank Spring Meetings 2026
ISLAMABAD, April 11 – Pakistan’s Finance Minister Muhammad Aurangzeb has departed for the United States to attend the 2026 Spring Meetings of the International Monetary Fund and the World Bank Group, scheduled to take place in Washington, D.C. from April 13 to 18, the finance ministry said on Saturday.
(more…) -
Saudi Arabia pledges financial support to Pakistan amid external pressures
Saudi Arabia has assured Pakistan of continued financial support as Islamabad navigates mounting external financing needs and economic challenges linked to regional tensions.
(more…) -
Pakistan allows short-term forward deals to boost remittances
The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.
(more…)