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Pakistan’s trade: June sees narrowed deficit amidst yearly growth

Aftab Maken ISLAMABAD: Pakistan’s trade figures for June 2025 show a mixed picture, with a slight dip in exports and imports compared to the previous month, but some positive signs when looking at the bigger picture over the past year. In June 2025, Pakistan’s exports were valued at $2.543 billion. …

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Another electricity tariff cut likely as NEPRA concludes hearing

Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Tuesday held a public hearing on the Power Division’s request to implement a uniform electricity tariff across the country, including Karachi. This comes with the promising prospect of a reduction in electricity rates, driven by currency stability and declining global …

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NEPRA reserves judgement on FCA hearings

To discontinue the collection of Electricity Duty through electricity bills Aftab Maken ISLAMABAD:  The National Electric Power Regulatory Authority (NEPRA) has concluded public hearings on two key electricity tariff adjustment requests — one from K-Electric and the other from the Central Power Purchasing Agency (CPPA-G) — and reserved its decisions, …

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Economy rebounds strongly with key gains in growth, inflation, exports & remittances

Aftab Maken ISLAMABAD:  Pakistan’s economy demonstrated notable signs of recovery in fiscal year 2025, driven by strong macroeconomic fundamentals, declining inflation, and a solid current account surplus. The Ministry of Finance’s latest Monthly Economic Update & Outlook reported a real GDP growth of 2.68%, closely aligned with the government’s projection …

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OGRA hikes fixed gas charges for domestic consumers

Aftab Maken ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in fixed gas charges for domestic consumers, effective July 1, 2025. This move comes as part of a broader gas tariff revision in Pakistan 2025, aimed at adjusting cost recovery in the energy sector, said an …

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PD moves NEPRA for reducing basic tariff

Aftab Maken ISLAMABAD: The Power Division has submitted a petition with NEPRA of reducing the base electricity tariff in Pakistan for the upcoming fiscal year. According to official documents, domestic consumers could get relief of up to Rs1.16 per unit in their monthly electric bills. This potential electricity price reduction …

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ECC approves over Rs 2.9 trillion in supplementary grants, new gas pricing structure

Aftab Maken ISLAMABAD:  The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, on Thursday approved major economic decisions including over Rs 2.9 trillion in Technical Supplementary Grants (TSGs), a revised natural gas pricing structure for FY2025-26, and a landmark risk coverage scheme for small …

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Govt eyes urgent SOE reforms amid Rs 5.8 trillion losses with circular debt hits Rs 4.9 trillion

Aftab Maken ISLAMABAD:  Finance Minister Senator Muhammad Aurangzeb has called for focused reforms and stronger governance across State-Owned Enterprises (SOEs), as cumulative losses hit an alarming Rs 5.8 trillion and circular debt in the energy sector crosses Rs 4.9 trillion. Chairing a crucial meeting of the Cabinet Committee on State-Owned …

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PM greenlights search committee for Pakistan Digital Authority

Aftab Maken ISLAMABAD: Prime Minister Shehbaz Sharif has officially endorsed the establishment of a high-level search committee. This committee is tasked with identifying and recommending the Chairman and Members for the newly formed Pakistan Digital Authority (PDA). This significant development operates under the purview of the Digital Nation Pakistan Act …

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Pak—US to finalize trade deal by next week

Aftab Maken ISLAMABAD: Pakistan and the United States are on the cusp of a significant breakthrough in their bilateral trade relations, with both nations aiming to finalize a crucial trade deal by next week. This optimistic timeline emerged from a virtual meeting held on Tuesday between Pakistan’s Finance Minister Muhammad …

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