The federal government’s borrowing from commercial banks surged by 61% during the first nine months of fiscal year 2025-26, highlighting growing reliance on domestic financing, according to data released by the State Bank of Pakistan (SBP).
(more…)Category: Pakistan
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Government using all resources to manage crisis: Aurangzeb
Islamabad, April 6, 2026 – Finance Minister Muhammad Aurangzeb on Monday said the government is utilizing all available resources to effectively manage the ongoing economic and regional challenges facing Pakistan.
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Is smuggled Iranian petrol being legalized in Balochistan?
Recent media reports have sparked widespread debate over whether smuggled Iranian petrol has effectively been legalized in Pakistan’s southwestern province of Balochistan. The controversy began after claims circulated that the provincial government had fixed the price of Iranian petrol at Rs280 per liter.
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PM Shehbaz launches digital fuel subsidy for transport
Islamabad, April 4, 2026 – Prime Minister Shehbaz Sharif has officially launched a digital fuel subsidy scheme aimed at supporting Pakistan’s transport sector amid rising global oil prices and regional tensions.
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Bilawal says PPP will support mini-budget amid crisis, calls for unity and economic relief
Karachi, April 4, 2026 – Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday said his party would support the government in introducing a mini-budget if required, as Pakistan continues to face mounting economic pressures amid global and regional instability.
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Petrol price cut: Motorcyclists get fuel at Rs278/liter after subsidy
Islamabad, April 4, 2026 – The federal government has announced a significant relief measure for motorcyclists, bringing the effective petrol price down to Rs278 per liter through targeted subsidies following a major reduction in the petroleum levy.
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PM Shehbaz cuts petrol price to Rs378 after levy slash
Islamabad, April 3, 2026 – Prime Minister Shehbaz Sharif on Friday announced a significant relief measure by reducing the petrol price to Rs378 per liter after slashing the petroleum levy by Rs80 per liter, just a day after a massive hike in fuel prices.
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Pakistan to pay back $2bn UAE deposit by April end
Islamabad, April 3, 2026 – Pakistan has decided to return a $2 billion loan to the United Arab Emirates by the end of April, according to official sources, amid evolving financial and geopolitical developments.
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SPI inflation rises 9.12% YoY in Pakistan amid price pressures
Islamabad, April 3, 2026 – Pakistan’s weekly inflation, measured by the Sensitive Price Indicator, recorded a sharp increase of 9.12% year-on-year (YoY) for the week ended April 2, 2026, according to data released by the Pakistan Bureau of Statistics.
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Pakistan hikes petrol to Rs458, diesel to Rs520 in historic surge
Islamabad, April 2, 2026 – Pakistan on Thursday announced an unprecedented increase in petroleum prices, pushing petrol to Rs458.40 per litre and high-speed diesel (HSD) to Rs520.35 per litre, effective from April 3, 2026. The sharp hike is among the largest in the country’s history and is expected to have widespread economic repercussions.
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