News
Pakistan Targets Rs1. 676 T Petroleum Levy in 2026-27
1+ hour, 32+ min ago (291+ words) Government set to burden people with Rs1. 676 trillion petroleum levy in FY2026-27 ISLAMABAD " The Pakistani government aims to collect a record Rs1. 676 trillion through the petroleum levy in the upcoming fiscal year 2026-27, budget documents showed, a move likely to stoke public anger amid…...
Pakistan Public Debt Hits Rs 83. 28 Trillion in FY2026
1+ day, 7+ hour ago (345+ words) Strong fiscal discipline, domestic borrowing strategy, and debt management operations help contain public debt growth during FY 2026. ISLAMABAD: Pakistan's total public debt stood at Rs 83, 285 billion by the end of March 2026, reflecting a moderate rise in overall liabilities. The debt…...
Tobacco giant holds key meeting with minister ahead FY27 budget
1+ day, 18+ hour ago (485+ words) Pakistan Tobacco Company urges the federal government to curb illicit trade and rationalise taxation just days before the federal budget announcement. ISLAMABAD: A major tobacco giant in Pakistan has held a high-stakes meeting regarding taxation with the Federal Minister for…...
Pakistan spends seven times more on tobacco diseases than taxes
1+ week, 2+ day ago (386+ words) SPARC urges higher cigarette taxes in FY2026-27 budget, saying tobacco use imposes a massive economic and public health burden on Pakistan Pakistan spends nearly seven times more on treating tobacco-related illnesses than it generates in tobacco tax revenues, underscoring the substantial…...
Inflation climbs to 11. 7% in May 2026, PBS reports
1+ week, 4+ day ago (352+ words) CPI rises from 10. 9% in April as food, energy and transport costs keep pressure on households Pakistan's headline inflation rose to 11. 7% in May 2026, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday, reflecting persistent price pressures across…...
FBR FY26 Tax Target Cut to Rs13 Trillion
1+ week, 4+ day ago (344+ words) Adviser says revised projections reflect macroeconomic changes, denies claims of fiscal shortfall or revenue crisis Pakistan has revised downward the Federal Board of Revenue's (FBR) tax collection target for fiscal year 2025-26 (FY26) to around Rs13 trillion, down from the original Rs14. 13 trillion, according…...
Pakistan Inflation May Hit 23-Month High in May 2026
3+ week, 6+ day ago (355+ words) CPI inflation projected at up to 11. 5% amid rising food prices Pakistan's headline inflation, measured by the Consumer Price Index (CPI), is expected to rise to a 23-month high in May 2026, driven mainly by higher food prices, according to a report…...
Pakistan Budget Deficit Falls to 0. 7% in 9 MFY26
1+ mon, 13+ hour ago (508+ words) Pakistan has reported a sharp contraction in its budget deficit, which fell to just 0. 7% of GDP during the first nine months (July'March) of fiscal year 2025-26, compared to 3. 7% in the same period last year. The latest fiscal performance reflects one of…...
Pakistan inflation rises 50bps for every $10 oil price increase: report
1+ mon, 1+ week ago (424+ words) KARACHI, May 2, 2026" Pakistan inflation could rise by 50 basis points for every $10 per barrel increase in global oil prices, intensifying economic pressures amid ongoing geopolitical tensions, according to a report by Topline Securities Limited. The brokerage said rising energy costs are…...
Education cost rises faster than alcoholic beverages in Pakistan
1+ mon, 1+ week ago (400+ words) ISLAMABAD, April 30, 2026: Education costs in Pakistan are rising at a much faster pace than alcoholic beverages, highlighting an uneven inflation pattern as the economy absorbs shocks from the ongoing crisis in the Middle East. Latest figures released by the Ministry…...