Prime minister prioritizes water reservoirs, hydropower and performance-based funding
Prime Minister Shehbaz Sharif on Monday chaired a meeting to review the Public Sector Development Programme (PSDP) for fiscal year 2026-27, stressing that public funds should be directed toward projects delivering tangible economic results.
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Rising trade deficit pushes Pakistan into monthly external account shortfall
State Bank of Pakistan (SBP) on Monday reported that Pakistan posted a current account deficit (CAD) of $324 million in April 2026, reversing the strong surplus recorded in the previous month.
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CPI inflation projected at up to 11.5% amid rising food prices
Pakistan’s headline inflation, measured by the Consumer Price Index (CPI), is expected to rise to a 23-month high in May 2026, driven mainly by higher food prices, according to a report released by Topline Securities.
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Weekly fuel price review lowers petrol to Rs409.78, diesel to Rs409.58 per litre
Ministry of Energy on Friday reduced petroleum prices by Rs5 per litre each in the latest weekly review, providing relief to consumers after sharp increases in the previous adjustment.
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Government pledges no fuel subsidies, market interventions, or new guaranteed incentives under IMF programme
Pakistan has committed to the International Monetary Fund that it will not introduce any fuel subsidy or cross-subsidy scheme as part of conditions under the ongoing IMF programme.
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Fund links fiscal discipline, energy pricing, governance reforms, and FX liberalization to programme targets
The International Monetary Fund has released a new country report for Pakistan outlining 11 additional structural benchmarks under its ongoing reform programme, with approval of the Budget 2026-27 placed among the key priorities.
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RMB-denominated sovereign bond attracts more than five times investor demand
Pakistan on Thursday issued its first-ever Panda Bond in China’s onshore capital market, marking the country’s debut sovereign RMB-denominated bond issuance, according to Khurram Schehzad.
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Prime minister says regional conflict has impacted Pakistan’s economy despite temporary ceasefire
Prime Minister Shehbaz Sharif said on Thursday that the ongoing U.S.-Iran conflict has created significant hurdles for Pakistan’s economy, warning that regional instability continues to affect economic activity despite a temporary ceasefire.
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Rising global bullion prices boost Pakistan’s strategic gold holdings despite recent market volatility
Pakistan’s gold reserves surged 40% year-on-year to reach $9.61 billion in April 2026, according to data released by the central bank on Thursday.
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Aurangzeb and Paul Kapur discuss Pakistan-US economic cooperation
Islamabad: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a high-level meeting on Thursday with Mr. S. Paul Kapur, Assistant Secretary, Bureau of South and Central Asian Affairs, United States, at the Finance Division. U.S. Chargé d’Affaires Ms. Natalie A. Baker also accompanied the delegation.
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