Islamabad, March 27, 2026 – The Economic Coordination Committee of the Cabinet on Thursday approved a substantial allocation of Rs100 billion for transfer to the Prime Minister’s Austerity Fund 2026. The decision was made during a high-level meeting chaired by Senator Muhammad Aurangzeb at the Finance Division.
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President Zardari holds key meeting on economy and energy
Islamabad, March 26, 2026: President Asif Ali Zardari chaired a high-level consultative meeting at Aiwan-e-Sadr to review Pakistan’s evolving economic and energy situation amid global oil supply constraints and rising petroleum prices, as well as regional security developments.
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Govt plans fuel rationing for bikes, rickshaws, small cars in Pakistan
Islamabad – In response to rising global oil prices triggered by escalating tensions in the Middle East, the Government of Pakistan has decided to introduce a fuel rationing mechanism aimed at protecting low-income segments of society. The initiative is expected to primarily benefit motorcycle riders, rickshaw drivers, and potentially owners of small cars up to 800cc.
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Pakistan activates refineries for optimal output amid global energy crisis
Islamabad – Pakistan has ramped up refinery operations to maintain optimal throughput and ensure uninterrupted fuel supply as global energy markets remain volatile due to tensions involving Iran.
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PM Shehbaz highlights positive economic indicators on Pakistan Day
Islamabad, March 23, 2026 — Prime Minister Shehbaz Sharif said that Pakistan’s economy is moving on a path of sustainable growth despite ongoing domestic and global challenges, in his message on the occasion of Pakistan Day.
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Pakistan raises high-octane petrol levy to Rs300/liter to target wealthy amid fuel crisis
Lahore, March 22, 2026 – The government has significantly increased the levy on high-octane petrol used in luxury vehicles, aiming to shift the burden of rising fuel costs onto the wealthiest segment of society amid ongoing global energy pressures.
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Govt to shield low-income segments from fuel price shock: Aurangzeb
The government is working on a targeted relief package to protect low-income segments from the impact of rising fuel prices, Finance Minister Muhammad Aurangzeb said on Sunday, amid mounting pressure from global energy markets.
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Petrol prices stay unchanged as PM Shehbaz turns down Rs400 scenario
Islamabad, March 21, 2026 – Prime Minister Shehbaz Sharif has rejected a massive increase in fuel prices that could have pushed petrol close to Rs400 per litre, deciding instead to keep the rate unchanged at Rs321.17 per litre to provide relief ahead of Eid-ul-Fitr.
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PM Shehbaz reviews fuel plan as Middle East crisis deepens
Islamabad – Prime Minister Shehbaz Sharif on Thursday chaired a high-level meeting to assess the implementation of fuel conservation and austerity measures in light of the rapidly escalating situation in the Middle East.
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Pakistan strikes new oil and gas discovery amid global energy crisis
Karachi, March 19, 2026 – Pakistan has announced a significant new oil and gas discovery in Sindh, offering a potential boost to the country’s energy security at a time when global markets are under pressure due to rising geopolitical tensions.
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