Pakistan’s petrol price has climbed by roughly Rs28 per litre since the start of September, according to fuel price tracking confirmed in Thursday’s 11am headlines, as the country’s newly adopted daily pricing mechanism continues to push pump rates upward in near-constant, incremental steps rather than the larger, more predictable fortnightly revisions consumers were accustomed to...
An International Monetary Fund mission will arrive in Pakistan on September 23 to conduct a biannual review of the country’s economic performance under its $7 billion Extended Fund Facility and $1.4 billion Resilience and Sustainability Facility, marking the next major checkpoint in a lending programme that has become central to Pakistan’s fiscal management and, increasingly,...
Master Changan Motors Limited began handing over its Deepal E07 electric “Multitruck” to Pakistani customers this week, nine months after the vehicle was first unveiled at the Pakistan Auto Show in November 2025 at an ex-factory price of Rs19 million. The delivery milestone, arriving with a Rs4 million booking fee structure that has remained unchanged...
Finance Minister Muhammad Aurangzeb called the current salaried tax return form illogical while unveiling the Asaan Tajir mobile app for small traders, and confirmed Pakistan has sought a US Exchange Stabilisation Support Facility.
The federal government on Wednesday announced a sharp reduction in the price of high-speed diesel, cutting the rate by Rs32.63 per litre, while simultaneously raising the price of petrol by Rs2.97 per litre, in one of the more dramatic single-day fuel price revisions the country has seen since shifting to a daily pricing mechanism. According...
There is a particular kind of corporate confidence that travels badly. It shows up in boardrooms in New York, London, and Düsseldorf, gets packaged into a market entry strategy, and then lands in Lagos, Karachi, or Jakarta with the quiet certainty that what worked at home will work anywhere. It almost never does. Emerging markets...
The International Monetary Fund’s Executive Board has approved the disbursement of the latest tranche under Pakistan’s 37-month Extended Fund Facility, releasing funds after concluding a review mission that assessed the country’s progress on fiscal, energy and tax reform benchmarks. The approval brings total disbursements under the programme to well over half of its total value...
The State Bank of Pakistan’s Monetary Policy Committee has trimmed the benchmark interest rate by 50 basis points to 9 percent, extending an easing cycle that has now brought borrowing costs down from the 22 percent peak reached during the height of the country’s inflation crisis. The central bank cited a sustained decline in headline...
Since the war began on 28 February with the joint American and Israeli strikes that killed Iran’s supreme leader, Pakistan’s position has not moved an inch on paper. The Foreign Office has condemned the strikes on Iran. It has condemned Iran’s retaliatory strikes on the Gulf states. It has repeated, briefing after briefing, that there...
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