Aftab Maken ISLAMABAD: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), declined 0.98% for the week ended July 2, 2026, mainly due to sharp cuts in petroleum product prices, although tomato, onion and wheat flour prices recorded significant increases. Weekly inflation eased by 0.98% during the week ended …
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Aftab Maken ISLAMABAD: Pakistan’s merchandise trade deficit widened by more than 21 percent during fiscal year 2025-26, reaching $39.47 billion, as import growth significantly outpaced exports, according to provisional trade statistics released by the Pakistan Bureau of Statistics (PBS). The data showed that the cumulative trade deficit for the period …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a series of key decisions relating to the restructuring of the Pakistan Agricultural Storage and Services Corporation (PASSCO), trade policy reforms, and higher education governance during a meeting chaired by Federal Minister for Finance and Revenue …
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Aftab Maken ISLAMABAD: Pakistan’s economy ended fiscal year 2025-26 on a significantly stronger footing, recording its highest economic growth in four years, single-digit average inflation, and a current account surplus, according to the Finance Division’s Monthly Economic Update & Outlook for June 2026. The report, released by the Finance Division, …
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–Pakistan transfers management control of PIA to investor consortium after completing the first financial closing of the Rs180 billion privatisation transaction BeNewz Report ISLAMABAD: The Government on Monday transferred management control of Pakistan International Airlines Corporation Limited–PIACL–to an investor consortium led by Arif Habib Corporation Limited after successfully achieving the first …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, approved a series of technical supplementary grants (TSGs), development allocations, and policy measures covering the power, defence, infrastructure, information technology, and public sectors. According to an official statement …
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Aftab Maken ISLAMABAD: Pakistan’s short-term inflation, measured through the Sensitive Price Indicator (SPI), increased by 0.46 percent during the week ending June 18, 2026, mainly driven by higher prices of vegetables, poultry products, and other essential commodities, according to data released by the Pakistan Bureau of Statistics (PBS). The SPI, …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday approved a series of technical supplementary grants (TSGs) worth over Rs9.5 billion for key public sector projects, passport services, and security-related initiatives, while also extending gas supply arrangements for two major urea manufacturers to support fertilizer availability in the country. …
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Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday presented Pakistan’s Rs18.8 trillion federal budget for fiscal year 2026-27 in the National Assembly, outlining the government’s economic priorities, tax reforms, development plans, and defence spending amid noisy protests from opposition lawmakers. The budget session began nearly two hours behind schedule …
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Aftab Maken ISLAMABAD: Pakistan’s short-term inflation, measured through the Sensitive Price Indicator (SPI), increased by 0.16 percent during the week ended June 11, 2026, mainly driven by sharp increases in tomato and liquefied petroleum gas (LPG) prices, according to data released by the Pakistan Bureau of Statistics (PBS). The weekly …
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