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64% of Pakistan’s State-Owned Enterprises Yet to Complete Audits: Finance Ministry
Over 64% of Pakistan’s state-owned enterprises remain unaudited, raising concerns over transparency, financial losses & privatization delays
News Desk
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Govt Finalises App-Based Fuel Quota System to Target Subsidies for Low-Income Users
Pakistan plans app-based fuel quota system for bikes & rickshaws to target subsidies and curb fuel use amid rising oil prices
News Desk
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Cabinet Committee Confirms Stable Oil & Gas Reserves in Pakistan
Pakistan’s Cabinet Committee on Petroleum says oil and gas reserves are satisfactory; imports and local production stable, refineries running normally. Government prioritizes uninterrupted fuel supply.
News Desk
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ADB Launches Financial Support Package to Help Asia-Pacific Economies Amid Middle East Crisis
Asian Development Bank rolls out rapid budget and trade support to help developing member countries cope with energy shocks, inflation, and supply chain disruptions caused by Middle East conflict.
News Desk
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Study Warns Pakistan of Economic Risks if Strait of Hormuz Closes
Pakistan Institute of Development Economics warns that closure of the Strait of Hormuz could push inflation to 12%, raise oil import bills, and affect the current account. Urgent policy measures recommended.
News Desk
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Rising Global Oil Prices Trigger Forex Strain in Pakistan’s Fuel Supply Chain
Pakistan faces forex pressure in oil imports as global prices surge past $130/barrel. Govt moves to ease financing amid stable fuel stocks ahead of Eid.
News Desk
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Pakistan Fully Secured on Fuel Supplies, PM Assures Amid Price Hike
Pakistan has sufficient petrol for 27 days and diesel for 21, PM Shehbaz Sharif says. Govt monitoring fuel supply, preventing hoarding, and ensuring prices remain stable amid Middle East crisis.
News Desk
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Pakistani Oil Tanker ‘Karachi’ Crosses Strait of Hormuz Amid Rising Tensions
The PNSC tanker ‘Karachi’ safely crosses the Strait of Hormuz toward Pakistan despite regional tensions, marking a risky journey through one of the world’s most strategic waterways.
News Desk
