Tuesday , July 21 2026

Tag Archives: Finance MInistry

Inflation in August lower than finance ministry estimate

Aftab Maken Inflation in Pakistan during August 2025 remained below the Finance Ministry’s forecast, with a decline compared to July. According to the Pakistan Bureau of Statistics (PBS), annual inflation in August was recorded at 2.99 percent, significantly lower than the ministry’s projected range of 4 to 5 percent. Every …

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Petrol price unchanged, diesel cut by Rs3 per litre

BeNewz Report The Ministry of Finance has kept petrol prices unchanged while announcing a reduction in diesel and other petroleum product prices effective September 1. The Ministry of Finance issued a notification stating that the current petrol price of Rs264.61 per litre will remain unchanged. However, the price of high-speed …

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Petrol, diesel prices may fall by up to Rs3.13 in Sept

BeNewz Report Consumers may see modest relief as petroleum prices are projected to drop for the first half of September 2025, with petrol expected at Rs264 and diesel at Rs269.86 per litre. Petrol and diesel prices in Pakistan are projected to decline modestly from September 1, 2025, providing some respite …

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Pakistan Holds First Meeting of Virtual Assets Regulatory Authority

BeNewz Report ISLAMABAD: The Pakistan Virtual Assets Regulatory Authority (PVARA) held its first board meeting on Tuesday, marking what officials described as a “historic milestone” in the country’s adoption of blockchain, digital assets, and the wider digital economy. According to the Ministry of Finance, the meeting focused on aligning PVARA …

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Pakistan sets 30% electric vehicle sales target by 2030

BeNewz Report ISLAMABAD: The government has set ambitious goals under the New Energy Vehicle Policy 2025-30, targeting a 30 percent increase in electric vehicle (EV) sales by 2030 to promote environmentally friendly transport. As part of the policy, three to four charging stations will be established across the country, with …

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Innovation drive links skills, farming, & energy efficiency

BeNewz ISLAMABAD: The government has accelerated work on three landmark social impact initiatives aimed at boosting skills development, providing affordable credit to small farmers, and promoting household energy efficiency, with launches targeted in the coming weeks. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired back-to-back meetings on Thursday …

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ECC greenlights major economic initiatives, including industrial estate at PSM land

Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, led by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Wednesday approved a series of key economic and development measures aimed at boosting industrial growth, improving global competitiveness, and strengthening national institutions, said an official release of …

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Pakistan’s trade deficit jumps over 44%

Aftab Maken ISLAMABAD: Pakistan has encountered a significant economic challenge at the start of the new fiscal year, with its trade deficit recording a worrying increase in July 2025. According to the latest figures released by the Pakistan Bureau of Statistics (PBS), the trade deficit for the first month of …

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ECC approves EV subsidy, Rs30bn TSG for remittance claims

Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired virtually by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, convened on Monday to review and approve key economic proposals, including an electric vehicle subsidy scheme, a technical supplementary grant (TSG) for the Telegraphic Transfer Charges Incentive …

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Pakistan’s trade deficit widens amidst global headwinds

Aftab Maken ISLAMABAD:  While a recent government report heralds a period of remarkable economic recovery for Pakistan, a closer look at the data reveals some underlying challenges that could temper the celebratory mood. The July 2025 “Economic Update” from the Finance Division, while celebrating a historic current account surplus and …

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