The federal government has announced a substantial reduction in the prices of petrol and high-speed diesel, offering significant relief to consumers, transporters, and businesses across Pakistan. According to a notification issued by the Petroleum Division, the price of petrol has been reduced by Rs74.28 per litre, bringing the new price to Rs299.50 per litre. Meanwhile,…
Senate Opposition Leader Raja Nasir Abbas strongly criticised the government’s economic policies during a Senate session, questioning official poverty benchmarks and the broader direction of the federal budget. Referring to commonly cited poverty estimates, Raja Nasir Abbas remarked that it remained unclear “which Aristotle” had determined that a person earning Rs280 per day could not…
The State Bank of Pakistan (SBP) has officially finalized the designs for new currency notes and submitted them to the federal cabinet for approval. According to SBP Governor Jameel Ahmad, this initiative aims to modernize Pakistan’s currency system while introducing advanced security features to prevent counterfeit activities. The announcement was made during a meeting with…
Punjab’s wheat procurement policy is facing serious challenges as delays in implementing a new private-sector-led system have exposed farmers to financial risks during the peak harvest season. At the same time, rising wheat prices have made it increasingly difficult for the government to achieve its procurement target. The provincial government had earlier decided to move…
Pakistan’s financial markets are closely watching the upcoming decision by the State Bank of Pakistan as its Monetary Policy Committee (MPC) prepares to announce the third policy rate of 2026. Analysts and economists widely expect a rate hike amid rising inflation and economic uncertainty. Market expectations suggest a possible increase of 50 to 100 basis…
Pakistan has witnessed a significant increase in fuel prices as the government raised petrol and high-speed diesel (HSD) rates by Rs26.77 per litre, effective from April 25, 2026. The revised petrol price now stands at Rs393.35 per litre, while diesel has reached Rs380.19 per litre, reflecting a sharp rise driven by global oil market volatility….
Pakistan Tehreek-e-Insaf (PTI) has announced the establishment of a dedicated economic think tank aimed at developing research-based policy solutions for Khyber Pakhtunkhwa. The initiative will be led by former provincial finance minister Taimur Saleem Khan Jhagra. According to the party, the think tank will focus on preparing practical proposals for economic stabilisation, growth, and structural…
Hundreds of government employees under the banner of the All Government Employees Grand Alliance (AGEGA) staged a protest outside the Civil Secretariat in Lahore, demanding the restoration of key financial benefits and a significant increase in salaries. The protesters called for the reinstatement of pension, gratuity and leave encashment, which they said had been withdrawn…
Leaders of Tehreek Tahaffuz Aain-e-Pakistan (TTAP) have strongly criticised the government’s economic policies, raising concerns over rising inflation, fuel pricing and worsening electricity outages across the country. Speaking at a press conference, Salman Akram Raja said Pakistan was facing extremely challenging economic conditions, with ordinary citizens—especially low-income groups—struggling to meet daily expenses. He questioned the…
The State Bank of Pakistan (SBP) has adjusted treasury bill (T-bill) yields in its latest auction, cutting rates for short-term maturities while increasing the yield on 12-month papers. According to official data, the central bank reduced yields across one-, three-, and six-month tenors, reflecting a shift in short-term monetary expectations. However, the 12-month rate moved…
