Islamabad, March 27, 2026 – The federal government is moving to introduce a targeted subsidy on petroleum products through a technology-driven mechanism, as it navigates limited fiscal space and rising energy challenges.
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Weekly inflation hits 8.24% YoY amid rising fuel prices: PBS
Islamabad, March 27, 2026 – The Pakistan Bureau of Statistics reported that inflation surged to 8.24% Year on Year (YoY) for the week ending March 26, 2026, driven largely by rising fuel prices and increases in essential food items.
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IMF sends key MEFP draft to Pakistan ahead of Budget 2026-27
Islamabad, March 27, 2026 – The International Monetary Fund has shared a draft of the Memorandum of Economic and Financial Policies (MEFP) with Pakistan, marking a crucial step in finalizing the 2026–27 budget and ongoing talks under the third review of the Extended Fund Facility and second review under the Resilience and Sustainability Facility.
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ECC approves Rs100 billion transfer to Prime Minister’s Austerity Fund 2026
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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