Islamabad, October 15, 2025 — In a move aimed at providing economic relief to the public, the government on Wednesday reduced the petrol price by Rs5.66 per liter for the second half of October 2025. The new prices, effective from October 16, were announced by the Finance Division after approval from the Oil and Gas Regulatory Authority (OGRA) and other concerned ministries.
(more…)Category: Pakistan
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PM Shehbaz Welcomes IMF Staff-Level Agreement
Islamabad, October 15, 2025 – Prime Minister Shehbaz Sharif on Wednesday expressed deep satisfaction over Pakistan’s successful staff-level agreement (SLA) with the International Monetary Fund (IMF) for a $1 billion tranche, describing it as a strong reflection of the country’s improved economic fundamentals and renewed investor confidence.
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IMF and Pakistan reach SLA for $1.2 billion disbursement
Washington, DC, October 15, 2025 – The International Monetary Fund (IMF) and Pakistan have reached a Staff Level Agreement (SLA) paving the way for the disbursement of $1.2 billion, subject to approval by the IMF Executive Board.
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Pakistan and Vietnam launch PTA talks for stronger trade ties
Islamabad, October 14, 2025 — Pakistan and Vietnam on Tuesday officially launched negotiations on a Preferential Trade Agreement (PTA), marking a new era of economic partnership and regional cooperation between the two nations.
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IMF forecasts Pakistan’s FY26 GDP growth at 3.6%
Islamabad, October 14, 2025 — The International Monetary Fund (IMF) has forecast Pakistan’s gross domestic product (GDP) growth at 3.6 percent for fiscal year 2026, reflecting a steady improvement from the 2.7 percent growth recorded in FY2025.
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Aurangzeb says Pakistan close to IMF review deal
Islamabad, October 14, 2025 — Minister for Finance and Revenue Muhammad Aurangzeb has confirmed that Pakistan is set to finalize a preliminary agreement with the International Monetary Fund (IMF) this week, marking a crucial milestone toward securing the next $1.24 billion tranche from the lender.
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Cabinet ratifies Pakistan-Saudi Arabia strategic defence pact
Islamabad, October 10, 2025 — The federal cabinet on Thursday formally ratified the Strategic Mutual Defence Agreement between Pakistan and Saudi Arabia, marking a significant step in strengthening bilateral ties and regional security cooperation.
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Less than half of trillion dollar economy is documented: Aurangzeb
Islamabad, October 10, 2025 — Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, revealed on Friday that Pakistan’s actual economic size may be close to one trillion dollars, but less than half of it is formally documented.
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Pakistan, Saudi Arabia sign landmark MoU on asset recovery
Jeddah, October 9, 2025 – In a significant step toward enhancing regional transparency and accountability, Pakistan and the Kingdom of Saudi Arabia have signed a landmark memorandum of understanding (MoU) to strengthen cooperation in combating corruption, money laundering, and the recovery of stolen assets.
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IMF expresses sympathy for Pakistan’s floods victims
Islamabad, October 9, 2025 – The International Monetary Fund (IMF) has expressed deep sympathy for the victims of the devastating floods that recently struck parts of Pakistan, causing widespread damage and displacement.
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