The government has cut petrol and diesel prices for the third consecutive day, bringing petrol down to Rs362.00 per litre and high-speed diesel to Rs387.81 per litre from November 5. Taken together, the three revisions have taken Rs15.91 off the price of petrol and Rs15.15 off diesel since the start of the week, the sharpest...
The government has cut the price of petrol by Rs3.40 per litre and high-speed diesel by Rs7.76 per litre, bringing relief of a modest kind to motorists, transporters and farmers who have been paying close to Rs400 for diesel. The new prices, announced by the Oil and Gas Regulatory Authority (OGRA) on Monday night, took...
Prime Minister Shehbaz Sharif stood on the trading floor of the London Stock Exchange this week and made a claim that Pakistani governments have made many times before, in one form or another: the economy is fixed, the hard part is over, and the numbers prove it. He became the first Pakistani premier to open...
The federal government collected Rs99 billion more than its budgeted petroleum levy target for the fiscal year ending June 2026, according to Finance Ministry data, a fiscal overperformance that arrives at a strikingly convenient moment, just as Pakistan opens formal negotiations with the International Monetary Fund on its next loan tranche. Official figures show the...
Jamaat-e-Islami (JI) has shelved, for now, its plan to march on Islamabad over the petroleum levy, but the party is making clear that the pause is tactical rather than final. With Prime Minister Shehbaz Sharif expected back in the country soon, JI Emir Hafiz Naeemur Rehman has said a long march remains on the table...
Jamaat-e-Islami (JI) Emir Hafiz Naeem ur Rehman has said petrol prices could fall by as much as Rs106 per litre if the government abolishes the petroleum levy and removes certain taxes on the commodity, as his party’s weeks-long protest campaign against fuel prices heads toward a critical government meeting on Thursday. Speaking on Geo News’...
Jamaat-e-Islami launched the next phase of its nationwide campaign against the petroleum levy and rising inflation on Sunday, staging simultaneous sit-ins outside Governor Houses in Karachi, Lahore, Peshawar and Quetta, with party leadership vowing the protests would continue until the government agreed to withdraw the levy altogether. In Karachi, JI workers marched from different parts...
Dharna at Shahrah-e-Faisal Jamaat-e-Islami Blocks Road. Jamaat-e-Islami Karachi Chief Monem Zafar announced that Jamaat-e-Islami will hold nationwide protests today against the petroleum levy charges, calling for public participation across the country, with Karachi’s own demonstration centred on Shahrah-e-Faisal, one of the city’s busiest arteries. Party workers are expected to block traffic along the road as...