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Industrial electricity consumption surges to over 31% in FY2025-26

Manufacturing sector records the strongest growth in electricity demand as industry accounts for nearly one-third of national power consumption.

Higher global oil prices push petrol up by Rs20.35 per litre and diesel by Rs32.98, while taxes and levies remain unchanged.

Record tax collection, narrower fiscal deficit and strong primary surplus underscore Pakistan’s improving fiscal performance, says Finance Ministry.

Prime minister directs smart meter expansion, anti-theft measures, and performance-based targets for power distribution companies.

Government reviews petroleum pricing reforms, transparency measures, and competition policies to modernize Pakistan’s oil sector.

Pakistan’s total liquid foreign exchange reserves decline to $22.44 billion as central bank reserves drop during the week ended July 24.

Senate panel calls for uniform banking procedures as lawmakers review customer complaints, banking charges and workplace policies.

Falling crude oil prices after easing Middle East tensions raise hopes of lower petrol and diesel prices in the next fortnightly review

New FBR scheme offers 1% turnover tax, simplified returns, audit relief and Green Plate recognition for eligible retailers

Central bank expects inflation to ease in July and remain within 5-7% target range by end of FY27