–Food and Fuel Costs Hit Households Hard Aftab Maken ISLAMABAD: Pakistan’s inflationary pressures intensified further during the week ending July 16, 2026, as the Sensitive Price Indicator (SPI) rose by 1.40% over the previous week, signaling another sharp increase in the cost of living for millions of households. Data released …
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BeNewz Report ISLAMABAD: Power sector circular debt climbed to Rs 1.924 trillion by May 31, 2026, significantly overshooting the government’s target and complicating its commitments under the International Monetary Fund (IMF) programme, according to official documents. The Power Division informed the Economic Coordination Committee (ECC) that despite improvements in recoveries, …
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–Pakistan’s weekly inflation eased slightly by 0.45%, but annual inflation climbed to 11.94% as food staples and energy prices continued to place heavy pressure on household budgets Aftab Maken ISLAMABAD: Pakistan’s inflationary pressures remained elevated despite a slight weekly decline in prices, with the latest Sensitive Price Indicator (SPI) showing …
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BeNewz Report ISLAMABAD: Nearly six months after Pakistan signed a high-profile agreement with a crypto firm linked to US President Donald Trump’s family, no pilot project, regulatory approval or transaction has materialised, raising questions about whether the deal served diplomatic optics more than economic policy. Pakistan’s ambitious partnership with World …
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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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