The Sindh government has announced a major relief package for motorcycle users by introducing a Rs2,000 petrol subsidy for each registered bike in the province. Speaking at a press conference in Karachi, Murad Ali Shah said the initiative aims to support bikers affected by the recent surge in fuel prices. The announcement comes after a…
The State Bank of Pakistan (SBP) has reported a slight increase in foreign exchange reserves, which rose by $6 million to reach $16.38 billion for the week ending March 27, 2026. According to official data, Pakistan’s total liquid foreign reserves now stand at $21.79 billion. Out of this, $16.38 billion is held by the central…
Shehbaz Sharif has stated that Pakistan is effectively managing economic and financial challenges despite ongoing regional tensions and rising global prices. Speaking during a high-level review meeting in Islamabad, the Prime Minister emphasized that the country has successfully maintained the demand and supply balance of essential goods, preventing any major disruptions. He praised the coordination…
A proposal for a nationwide smart lockdown in Pakistan has been rejected by provincial governments during a high-level meeting chaired by Asif Ali Zardari in Islamabad. According to sources, the meeting explored the possibility of implementing targeted lockdowns across the country. However, provinces opposed enforcing a countrywide restriction, emphasizing the need for localized measures instead…
Rising oil prices are expected to increase inflation in Pakistan, creating new economic challenges for the country. According to the Ministry of Finance Pakistan, global oil price hikes may put significant pressure on the national economy. The increase in fuel prices directly impacts transportation, electricity, and production costs. As these expenses rise, the prices of…
In a major policy shift, Pakistan’s provinces have agreed to share the financial burden of oil subsidies under the National Finance Commission (NFC) formula, as the federal government intensifies efforts to manage the ongoing fuel and economic crisis. The decision was finalized during a high-level meeting chaired by President Asif Ali Zardari, with Prime Minister…
Recent claims circulating on social media suggested that Kasim Khan, son of former Prime Minister Imran Khan, called for the revocation of Pakistan’s GSP+ trade status during his address at the United Nations Human Rights Council. However, these claims have been proven false. In reality, Kasim Khan clearly rejected such allegations and reaffirmed his support…
Prime Minister Shehbaz Sharif has stated that Pakistan’s economy is on a path to stability and sustainable growth despite facing multiple challenges in recent years. In his message, the prime minister highlighted the resilience of the nation and its ability to overcome economic and political difficulties. He said that Pakistan has faced numerous trials since…
Eidul Fitr celebrations across Pakistan have been significantly affected this year as rising prices and inflation, driven by the ongoing Iran war, have reduced the festive spirit. While markets remain crowded and preparations continue, the economic pressure is clearly visible among citizens. In cities like Multan, beauty salons and shopping markets are still busy with…
The Federal Board of Revenue (FBR) has extended tax concessions on the import of white crystalline sugar in an effort to stabilize domestic prices and ensure sufficient supply in the local market. According to the latest notification, SRO527 of 2026, the FBR has maintained a significantly reduced sales tax rate of 0.25 percent on imported…
