The local price hike follows a similar increase over the weekend
The report highlighted that defense spending would rise to over Rs2.5 trillion, driven in part by heightened tensions with India.
According to insiders, the IMF cautioned that such a measure could exacerbate the country’s existing tax gap, especially at a time when revenue collection remains below targets.
Final duty rates subject to parliamentary approval.
The increase in domestic prices follows a minor upward movement in global rates
“This Green Sukuk issuance is a major milestone,” Aurangzeb said,
The industry experts believed that the surge was primarily driven by rising prices.
Despite India’s request to halt tranche, IMF approved it.
On a monthly basis, car sales in April 2025 stood at 10,596 units — reflecting a 1 per cent year-on-year rise but a 5% MoM decline.
Existing steel mill in Karachi was also constructed by Russia
This performance has exceeded all expectations, says analysts
The authority regularly revises tariffs based on changes in fuel prices
The package includes a $1b tranche under the ongoing (EFF) and a new $1.3b programme
The increasing intensity of the situation led investors to avoid investing in shares.
The benchmark KSE-100 index plunged by 6,349.618 points or 5.70% to 107,296.63 points.
Only 45% of the country’s gas demand is met through local production
The surge in gold prices reflects strong investor interest
SBP Surprises Markets
During the 10 months of the ongoing fiscal year, a significant drop of 25.97% was recorded compared to last year.
The strategic shift was approved during a cabinet meeting chaired by Punjab Chief Minister Maryam Nawaz.
Silver price per tola remained at Rs3,427 in Pakistan.
According to an official notification, a minimum retail price has now been fixed for cement, which will serve as the basis for sales tax calculation.
Sources said that under the right-sizing policy, steps are being taken to ensure the timely achievement of fiscal year-end goals.
