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Pakistan’s Central Government Debt Climbs to Rs76 Trillion: SBP
Pakistan’s central govt debt hits Rs76.05tr by end-May — up 12.3% YoY. Domestic debt rose 15.9% to Rs53.46tr; external debt at Rs22.59tr. Long-term borrowing through PIBs surges.
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Pakistan-India Trade Persists Despite Tensions, Hits 3-Year Import High
Despite tensions & a May clash, Pakistan’s imports from India surged to $211.5M in FY25 — a 3-year high. Exports stayed near zero. Smuggling & informal trade keep flows alive.
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Pakistan’s Inflation Rises to 3.2% in June; PSX Hits Record High as New Fiscal Year Begins
Pakistan’s inflation rose 3.2% YoY in June, aligning with govt forecasts. SBP holds interest rate at 11%, warns of near-term volatility. PSX surges 2.3% to record high on new fiscal year’s first day.
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Fuel, Gas Prices Set to Surge from July 1 Across Pakistan
Petrol price may jump by Rs11/litre & diesel by Rs15 from July 1. Gas tariffs for households up by 50% in some slabs, hitting Rs4,200/MMBTU.
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ECC Approves Rs15.8bn Grant for Armed Forces, OKs Sugar Import & Farmers’ Scheme
Islamabad: ECC okays Rs15.8bn for armed forces’ salaries & martyrs' dues. Sugar import approved; new risk cover scheme for small farmers launching Aug 14.
News Desk
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New Oil and Gas Reserves Discovered in Khyber Pakhtunkhwa’s Tall Block
Big energy breakthrough in KP! POL announces discovery of 22.1m cubic ft/day gas & 2,112 barrels/day oil in Karak’s Tall Block. A step towards energy self-sufficiency.
News Desk
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Govt Bans Disclosure of Interim Revenue Figures to Protect IMF Program Confidentiality
Govt bans release of interim revenue data under IMF deal. Only Finance Ministry–cleared figures allowed. Leaks to be deemed IMF confidentiality breach.
News Desk
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PPP Supports Budget After Amendments, Raises Concerns on Key Clauses
PPP voices concerns over budget clauses but backs FY26 budget after govt accepts proposals. Tax relief on solar panels & salaried class, hike in BISP welcomed. 107 institutions granted tax exemptions.
News Desk