Islamabad, March 12, 2026: Pakistan’s weekly inflation, measured through the Sensitive Price Indicator (SPI), climbed 6.44% year-on-year for the week ending March 11, 2026, according to data released by the Pakistan Bureau of Statistics (PBS) on Thursday. The SPI tracks short-term price movements of essential commodities, offering a snapshot of cost pressures faced by households and businesses.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan to review petroleum prices weekly amid Middle East tensions
Islamabad: The government of Pakistan has decided to review petroleum prices on a weekly basis in response to rising volatility in global oil markets triggered by tensions in the Middle East.
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Aurangzeb meets bank leaders to review financial situation amid regional developments
Islamabad, March 11, 2026 – Federal Minister for Finance and Revenue Muhammad Aurangzeb held a virtual meeting with leaders of Pakistan’s banking sector on Wednesday to review the evolving economic and financial situation amid ongoing regional developments.
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SUPARCO predicts Eid-ul-Fitr 2026 likely on March 21 in Pakistan
Islamabad, March 11, 2026 – The Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has projected that Eid-ul-Fitr 2026 in Pakistan is likely to fall on March 21, based on astronomical calculations for the Shawwal moon sighting.
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Pakistan weather at risk as Iran conflict may worsen air quality, PMD warns
Islamabad, March 11, 2026 – The Pakistan Meteorological Department (PMD) has issued a warning that air pollutants originating from Iran could move into western Pakistan due to prevailing wind patterns, potentially worsening air quality in several regions.
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SBP permits CIF-based oil imports amid Iran war uncertainty
Karachi, March 11, 2026 – The State Bank of Pakistan (SBP) has temporarily allowed the import of crude oil and petroleum products on CIF (Cost, Insurance, and Freight) basis for a period of 60 days, citing uncertainty arising from the ongoing Iran war and the strategic importance of energy supplies for the country.
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Shehbaz Sharif tightens austerity rules, seeks proof of vehicles withdrawn
Islamabad, March 10, 2026 – Shehbaz Sharif, Prime Minister of Pakistan, on Tuesday directed federal ministries and government institutions to submit photographs of vehicles taken off the road under the government’s austerity policy to the Cabinet Division as part of strict monitoring of cost-cutting measures.
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Sindh closes schools until March 31 amid nationwide austerity measures
Karachi, March 10, 2026 – The Sindh Government has announced a 15-day closure of all schools and colleges across the province, effective March 16 to March 31, 2026, as part of broader austerity measures. Provincial Minister Sharjeel Inam Memon confirmed the decision on Tuesday following a Sindh cabinet meeting.
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FBR parks 60% vehicles, orders 50% staff to work from home under austerity
Islamabad, March 10, 2026 – The Federal Board of Revenue (FBR) has implemented strict austerity measures in line with the federal government’s recent directives amid the ongoing fuel crisis. Effective immediately, 60% of official vehicles have been parked, and 50% of staff have been directed to work from home.
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OGRA rejects reports of further petrol, diesel price hike in Pakistan
Islamabad, March 10, 2026 – The Oil and Gas Regulatory Authority (OGRA) on Tuesday strongly rejected circulating reports claiming that petrol and diesel prices would be increased significantly in Pakistan.
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