BeNewz Report WASHINGTON: Pakistan’s finance minister discussed economic reforms and stronger bilateral cooperation with the U.S. Treasury secretary as Islamabad reportedly seeks a $10 billion U.S.-backed exchange stabilization facility. Pakistan’s Finance Minister Muhammad Aurangzeb met U.S. Treasury Secretary Scott Bessent in Washington on Tuesday and discussed Pakistan’s economic reform agenda, …
Read More »IMF conditions for gas circular debt settlement as liability swells to Rs 3.607Trn
Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) has proposed a new set of conditions for resolving Pakistan’s mounting gas sector circular debt, including formally recognizing the financial losses of the country’s two state-owned gas utilities and writing off unrecoverable receivables in their accounts. According to sources, the IMF has …
Read More »Pakistan seeks fresh LNG cargo for July delivery
Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has invited international suppliers to submit bids for the supply of one liquefied natural gas (LNG) cargo as the government moves to strengthen fuel supplies amid rising electricity demand and growing concerns over regional energy security. According to a tender issued on Tuesday, …
Read More »Weekly inflation falls 0.98% as fuel prices drop
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 …
Read More »
BeNewz