Category: National
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Petroleum smuggling into Pakistan drops amid Iran-Israel conflict
Karachi, July 2, 2025 – Petroleum product sales in Pakistan surged by 8% year-on-year (YoY) in June 2025, driven primarily by a significant decline in cross-border smuggling amid heightened geopolitical tensions between Iran and Israel.
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SBP declares bank holidays for Muharram 2025
Karachi, July 1, 2025 – The State Bank of Pakistan (SBP) has officially announced bank holidays across the country in observance of Muharram 2025, marking the sacred days of Ashura.
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Pakistan records sharp decline in inflation to 4.49% in FY 2024-25
Islamabad, July 1, 2025 – Pakistan has recorded a significant decline in average headline inflation, which dropped to 4.49% in fiscal year 2024-25, down from a staggering 23.41% in the previous fiscal year.
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Pakistan hikes petrol, diesel prices for first fortnight of July 2025
Islamabad, July 1, 2025 – In a move likely to spark inflationary concerns, the Government of Pakistan has announced a sharp increase in the prices of petrol and diesel, effective from midnight, July 1, 2025.
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Federal government scraps electricity duty from monthly utility bills
Islamabad, June 30, 2025 — The federal government has announced that the collection of electricity duty through power bills will be discontinued starting July 2025. The Ministry of Energy (Power Division) has urged all provincial governments to follow suit and adopt alternative mechanisms for collecting provincial levies and duties.
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Asset declaration deadline announced for government employees
Islamabad, June 30, 2025 – The Establishment Division has officially announced July 25, 2025 as the deadline for government employees to submit their asset declaration for the fiscal year ending June 30, 2025.
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Cambridge Revokes Free Marks from May/June 2025 Paper Leaks
Cambridge International Education (CIE) has officially withdrawn the free marks previously awarded to students for questions that were leaked during the May/June 2025 examination session.
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Pakistan Abolishes Carbon Levy
The Government of Pakistan has officially replaced the carbon levy with a newly introduced Climate Support Levy, effective from July 1, 2025.
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