–Govt weighs targeted relief as fiscal space remains constrained amid stable fuel supplies BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb chaired a high-level meeting on petroleum prices and subsidy reforms on March 27, 2026, as the government evaluates targeted relief measures while maintaining fiscal discipline, the Finance Division said. The …
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–Weekly inflation accelerates as vegetable, fuel, and protein prices climb sharply across key urban markets Aftab Maken ISLAMABAD: Pakistan’s Sensitive Price Indicator (SPI) rose 0.97% for the week ended March 26, 2026, driven by sharp increases in food and energy costs, according to data released by the Pakistan Bureau of …
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— FIA registers separate money laundering and regulatory cases against Dr. Fazeela Abbasi Aftab Maken ISLAMABAD: Pakistan’s Federal Investigation Agency has registered two separate cases against Dr. Fazeela Abbasi—a TikToker and sister of actor Hamza Ali Abbasi, over alleged money laundering and regulatory violations. One case was filed under money …
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–Tax authority pledges faster refunds, crackdown on corruption BeNewz Report KARACHI: Federal Board of Revenue Chairman Rashid Mahmood Langrial on Thursday assured Karachi’s business community of swift resolution of tax-related issues and improved facilitation during a visit to Karachi Chamber of Commerce and Industry. Senior representatives of KCCI briefed officials …
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–Finance body approves key SOE decisions, defers gas firms’ IFRS exemption BeNewz Report ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Thursday approved multiple governance changes across key public sector entities during a meeting chaired by Finance Minister Muhammad Aurangzeb in Islamabad. The meeting reviewed and cleared a summary …
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Aftab Maken ISLAMABAD: Pakistan Bureau of Statistics reports weekly inflation spike driven by petrol, diesel, LPG and food prices, while yearly SPI shows 6.44% increase amid energy tariff hikes and wheat flour cost pressures. Pakistan’s weekly inflation accelerated after the Pakistan Bureau of Statistics reported a sharp rise in the …
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–Govt raised fuel prices to avoid shortages, LNG costs surge Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said the government was forced to raise petroleum prices due to rising import costs, supply risks and regional tensions, warning that failure to act could have led to fuel shortages and possible rationing …
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BeNewz Report WASHINGTON: Pakistan and the International Monetary Fund failed to reach a staff-level agreement on the latest review of the $7 billion programme but decided to continue negotiations in coming days as discussions on fiscal, monetary and energy reforms remain unresolved. Pakistan and the International Monetary Fund (IMF) did …
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Pakistan Telecommunication Authority says 5G spectrum auction fetched Rs144.5bn, with 480 MHz sold in the first stage, increasing spectrum availability by 1.7%. Aftab Maken ISLAMABAD: Pakistan Telecommunication Authority chairman Major General (retd) Hafeez ur Rehman announced the results of the 5G spectrum auction, saying the first phase of bidding has …
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—Finance Minister says NGMS/5G spectrum auction will accelerate digital growth and support IT exports, telecom expansion, and digital payments ecosystem in Pakistan Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said the NGMS/5G spectrum auction conducted by the Pakistan Telecommunication Authority marks a major step toward Pakistan’s digital transformation and expansion …
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