The warning came amid a sharp rise in fuel prices and heightened volatility in international oil markets, driven by renewed hostilities in the Middle East and disruptions surrounding the Strait of Hormuz.
800 megawatts of electricity would be auctioned over the next five years
“Unfortunately, everyone is being affected by the situation in the Middle East”
Mehmood called for a long-term Islamabad Economic Master Plan to establish a clear economic direction for the capital.
More than 1.75 million people had registered for the scheme by 3pm
"A proposal for introduction of a new banknote series is currently under consideration by the federal cabinet'
The revised prices were determined on the basis of international oil prices
The government is yet to clarify who would reimburse dealers for the subsidised fuel, says PPDA chairman
Deputy PM Dar directed officials to make the registration procedure simple and easily accessible
Pakistan to host SCO summit in 2027
The decision was taken by the central bank’s Monetary Policy Committee (MPC) at its meeting
The scheme would cover two-wheelers, three-wheelers and vehicles with engine capacities of up to 800cc
PM Shehbaz Sharif has reiterated his commitment to utilising available resources to provide relief to the public.
Ogra revised petroleum prices under the pricing mechanism approved by the federal government
Govt is increasing fuel prices.
The meeting discussed Pakistan’s digital transformation, the economic reform agenda, and progress towards a cashless economy.
The final draft of the five-year policy has been submitted to Prime Minister Shehbaz Sharif for consideration and approval.
During the current government’s tenure, a record Rs3.137 trillion has been collected from citizens in the form of petroleum levies.
It will apply from September to November 2026, including to K-Electric consumers
Pakistan is already charging heavy levy.
The committee chairman said counterfeit Rs1,000 and Rs500 notes were in circulation in the market and posing problems for the common man.
The committee was reviewing the project from legal, financial and energy perspectives
"Pakistan made progress in reducing external pressures, with foreign exchange reserves continuing to improve amid broader macroeconomic stabilisation"
Silver remained unchanged at Rs7,379 per tola
Silver prices increased by Rs369 to Rs7,169 per tola
Minister announces development
The latest SBP figures put the federal government’s debt at Rs83.642 trillion by June 2026.
It began importing US crude last year
