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Category: Pakistan

PM Sharif Parliament

Shehbaz Sharif says Pakistan key force in Iran-US diplomatic engagement

May 6, 2026May 6, 2026Mrs. Anjum Shahnawaz

ISLAMABAD, May 6, 2026 — Prime Minister Shehbaz Sharif on Wednesday said Pakistan has emerged as a key force for peace and stability in the region, crediting its diplomatic efforts for facilitating unprecedented engagement between Iran and the United States.

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Pakistan US flags

US closes Peshawar consulate, moves responsibilities to Islamabad embassy

May 6, 2026May 6, 2026Mrs. Anjum Shahnawaz

WASHINGTON/ISLAMABAD, May 6, 2026 — The United States has announced the phased closure of its Consulate General in Peshawar, citing security concerns and efforts to improve resource management, the U.S. State Department said on Tuesday.

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Port Qasim Activity

Pakistan, US discuss boosting trade ties in virtual meeting

May 6, 2026May 6, 2026Mrs. Anjum Shahnawaz

ISLAMABAD, May 6, 2026 — Pakistan and the United States discussed ways to enhance bilateral trade and advance ongoing negotiations during a virtual meeting between Jam Kamal Khan and Rick Switzer, officials said on Wednesday.

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PM Shehbaz on Independence Day

Shehbaz orders strict action against power firms, pushes renewable reforms

May 5, 2026May 5, 2026Mrs. Anjum Shahnawaz

ISLAMABAD, May 6, 2026 – Prime Minister Shehbaz Sharif has directed strict action against power distribution companies over regulatory violations, while emphasizing accelerated reforms in Pakistan’s energy sector.

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oil import pakistan

DPM Reviews Security of Oil Refineries and Storage Facilities

May 5, 2026May 5, 2026Mrs. Anjum Shahnawaz

ISLAMABAD, May 4, 2026 – Deputy Prime Minister (DPM) and Foreign Minister Senator Ishaq Dar on Monday chaired a high-level meeting of the Committee on Security Assessment of Oil Refineries and oil storage facilities across the country.

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port activity

Pakistan Trade Deficit Surges to $32 Billion in 10MFY26

May 4, 2026May 4, 2026Shahnawaz Akhter

ISLAMABAD, May 4, 2026 – Pakistan’s trade deficit expanded sharply to $32 billion during the first ten months (July to April) of fiscal year 2025-26, highlighting growing pressure on the country’s external account.

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Petroleum Prices in Pakistan increase decrease

Pakistan Oil Sales Plummet in April 2026 Amid Rising Petroleum Prices

May 4, 2026May 4, 2026Shahnawaz Akhter

KARACHI: Pakistan’s oil sales declined sharply in April 2026 as rising petroleum prices dampened demand, according to data released by industry analysts.

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Prime Minister Shehbaz Sharif

PM Shehbaz Sharif orders comprehensive strategy to stabilise electricity tariffs

May 2, 2026May 2, 2026Mrs. Anjum Shahnawaz

ISLAMABAD – In a high-level move to address the nation’s energy concerns, Prime Minister Muhammad Shehbaz Sharif has directed relevant authorities to formulate a robust strategy aimed at stabilising electricity tariffs across the country.

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oil import pakistan

Pakistan inflation rises 50bps with every $10 oil price increase, report says

May 2, 2026May 2, 2026Shahnawaz Akhter

KARACHI, May 2, 2026– Pakistan inflation could rise by 50 basis points for every $10 per barrel increase in global oil prices, intensifying economic pressures amid ongoing geopolitical tensions, according to a report by Topline Securities Limited.

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Inflation Pakistan

Pakistan inflation surges near 11% in April, above government estimates

May 1, 2026May 1, 2026Mrs. Anjum Shahnawaz

ISLAMABAD, May 1, 2026 – Pakistan’s headline inflation accelerated to nearly 11% in April, exceeding official projections, as rising prices and supply constraints pushed up the cost of living, data from the Pakistan Bureau of Statistics showed on Friday.

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