Islamabad, April 25, 2026 – The federal government on April 24, 2026, raised petrol prices despite a decline in ex-refinery rates, as higher petroleum levy adjustments outweighed relief from global oil movements. The latest revision has sparked debate over whether revenue needs are being prioritized over consumer relief in a period of persistent inflationary pressure across Pakistan.
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Pakistan raises petrol, diesel prices by Rs26.77 per litre
Islamabad, April 24, 2026 – The government of Pakistan has announced a significant increase in fuel prices, raising petrol and high-speed diesel (HSD) rates by Rs26.77 per litre for the upcoming week, according to an official notification issued by the Ministry of Energy.
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Pakistan clears $3.45 billion UAE debt as SBP makes final $1 billion payment
Islamabad, April 24, 2026 – Pakistan has fully repaid $3.45 billion in deposits to the United Arab Emirates, with the State Bank of Pakistan (SBP) confirming the final $1 billion payment to the Abu Dhabi Fund for Development (ADFD) on April 23. The payment marks the completion of a two-phase repayment, following the return of $2.45 billion last week.
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SBP eases import financing rules for oil and LNG amid geopolitical crisis
KARACHI, April 23, 2026 – The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil, petroleum products and liquefied natural gas (LNG), as Pakistan navigates rising geopolitical tensions linked to the ongoing Iran conflict.
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PM orders full transition to electric buses and motorcycles
ISLAMABAD, April 23, 2026 – Prime Minister Shehbaz Sharif has directed that only electric buses and motorcycles be procured for government use in the future, as Pakistan accelerates efforts to shift toward clean and sustainable transport.
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PM Shehbaz orders faster EV adoption to cut Pakistan’s fuel import bill
Islamabad, April 22, 2026 – Prime Minister Shehbaz Sharif on Wednesday directed authorities to accelerate the promotion of electric vehicles (EVs) across Pakistan, emphasizing that a rapid shift toward clean transportation is essential to reduce fuel import costs and enhance long-term energy security.
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PM Shehbaz thanks Trump for extending Iran ceasefire, urges progress in talks
Prime Minister Shehbaz Sharif thanked U.S. President Donald Trump for extending a ceasefire with Iran, expressing hope that ongoing diplomatic efforts in Islamabad would lead to a broader peace agreement.
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Saudi Arabia completes $3 billion deposit with Pakistan central bank
ISLAMABAD, April 21, 2026 — Saudi Arabia has completed a $3 billion financial support package for Pakistan, with the latest $1 billion tranche deposited in the State Bank of Pakistan to help bolster the country’s foreign exchange reserves.
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Pakistan economy at risk from Middle East oil shock: Ahsan Iqbal
ISLAMABAD, April 20, 2026 — Pakistan’s economy remains vulnerable to rising global oil prices triggered by the ongoing Middle East conflict, Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, said on Monday, warning of increased pressure on the country’s external sector despite improving domestic economic indicators.
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PM Shehbaz, Iran’s President Pezeshkian discuss regional situation in call
ISLAMABAD, April 19 — Shehbaz Sharif held a telephone conversation with Masoud Pezeshkian on Sunday, with both leaders discussing the evolving regional situation and efforts to promote peace through dialogue, officials said.
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