Raja Nasir Abbas Questions Poverty Definition, Criticises Budget in Senate Debate

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…

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Petroleum Division Proposes Rs1 Trillion Levy Cap In Pakistan Budget 2026-27

Pakistan’s Petroleum Division has proposed major relief measures for fuel consumers in its recommendations for the federal budget 2026-27, including reducing the petroleum levy target to Rs1 trillion and lowering the levy on petrol and diesel to Rs50 per litre while international oil prices remain high. According to reports, the recommendations have been submitted to…

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