News
Pakistan faces oil shock risks amid Mideast conflict, warns minister
1+ day, 2+ hour ago (456+ words) Published April 20, 2026 Planning Minister Ahsan Iqbal on Monday warned that higher oil prices driven by the Middle East conflict could pose risks to Pakistan's economy and put pressure on its external sector. Speaking to the media virtually at the launch…...
IMF keeps Pakistan growth outlook unchanged at 3. 6%
6+ day, 12+ hour ago (196+ words) Published April 15, 2026 ISLAMABAD: The International Monetary Fund (IMF) has kept Pakistan's growth rate unchanged at 3. 6% for FY26, lower than the officially envisaged target of 4. 2% amid a downward revision in global economic growth outlook in the wake of the ongoing war in…...
ADB forecasts Pakistan growth at 3. 5%, warns of Middle East risks
1+ week, 4+ day ago (519+ words) Published April 10, 2026 ISLAMABAD: The Asian Development Bank (ADB) has forecast Pakistan's economy to grow by 3. 5% in FY2026 and 4. 5% in FY2027, while warning that a prolonged Middle East conflict could worsen energy-price volatility, disrupt trade and weigh on the country's inflation and external…...
Subsidies are not the answer
1+ week, 5+ day ago (372+ words) Published April 09, 2026 Pakistan's diplomatic efforts to secure a ceasefire in the Middle East deserve due recognition. One looks forward to the positive outcomes of the Islamabad Peace Summit and its potential to revive the global economy over the medium to…...
Pakistan sees drop in energy production, higher imports
1+ week, 6+ day ago (258+ words) Published April 08, 2026 ISLAMABAD: Pakistan's energy sector is undergoing a fragile shift, with declining domestic production and rising reliance on imports, as supply growth struggles to keep pace with increasing demand, The News reported, citing the Pakistan Energy Yearbook 202425. Indigenous energy…...
Ceasefire euphoria grips markets as oil plunges, equities jump worldwide
1+ week, 6+ day ago (312+ words) Published April 07, 2026 Oil prices dived, bonds rallied, and stocks surged on Wednesday after a two-week ceasefire in the Middle East sparked a relief rally, with investors cheering the possible resumption of oil and gas flowing through the Strait of Hormuz....
Govt assures IMF of timely power tariff hikes, subsidy cap agreed under $7bn EFF
2+ week, 3+ day ago (733+ words) Published April 04, 2026 ISLAMABAD: Pakistan has assured the International Monetary Fund (IMF) of implementing timely electricity tariff adjustments and capping power subsidies at Rs830 billion in the upcoming budget to sustain energy sector viability amid global market shocks, The News reported on…...
Provinces directed to rein in inflation, issue revised fare notification
2+ week, 3+ day ago (343+ words) Published April 04, 2026 ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Saturday directed provincial governments to take immediate measures to curb inflationary pressures following a recent hike in fuel prices. Chairing an online meeting of the National…...
IMF resists oil levy cut despite govt push for consumer relief amid global price surge
2+ week, 4+ day ago (259+ words) Published April 03, 2026 ISLAMABAD: The International Monetary Fund (IMF) has shown reluctance to accept Pakistan's request for flexibility in petroleum levy adjustments, even as the government pushes for relief to shield consumers from the impact of rising global oil prices driven…...
Trade gap widens 23% as imports outpace exports
2+ week, 4+ day ago (244+ words) Published April 03, 2026 ISLAMABAD: Pakistan's merchandise trade deficit widened 22. 65% year-on-year to $27. 81 billion in the first nine months of the current fiscal year as imports remained more than twice the value of exports, official data showed on Monday, adding to concerns over…...