Finance

Karachi Port Records Largest-Ever Fuel Delivery in Historic Operation

Finance, Pakistan /

Karachi, April 13, 2026 — Karachi Port has achieved a major milestone in Pakistan’s maritime sector, successfully handling the largest-ever bunkering operation in its history, marking rapid progress in the country’s fuel supply and shipping infrastructure. According to an official statement, Vitol’s bunker vessel Marine ISTA delivered 4,900 metric tons of marine fuel to a […]

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Pakistan Cuts Diesel Prices Sharply While Petrol Sees Marginal Reduction

Finance /

Islamabad: Prime Minister Shehbaz Sharif announced a fresh reduction in fuel prices late Friday night, providing relief to consumers across Pakistan. The government has lowered petrol and high-speed diesel rates after a recent sharp increase. New Petrol and Diesel Prices Under the latest revision, petrol price has been reduced by Rs. 12 per litre, bringing

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SBP to Lose One-Third of Its US Dollar Reserves in April Amid $5.3 Billion Debt Repayments

Finance /

Pakistan is expected to face significant external financing pressure in April 2026, as a heavy foreign debt repayment schedule threatens to reduce the country’s foreign exchange reserves very sharply. According to available estimates, Pakistan will need to repay around $5.3 billion in external obligations during April alone. This amount represents nearly one-third (33%) of the

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Fuel Prices Likely to Rise Within Few Days

Finance /

Pakistan’s federal government is set to raise petrol and diesel prices within the next few days, as it moves to partially pass on rising import costs to consumers while negotiating a subsidy-sharing arrangement with provincial governments to shield vulnerable groups from the full impact. Government Confirms Imminent Price Revision ISLAMABAD: Pakistan is preparing to revise

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Govt Raises Kerosene Oil Price by Rs70.73 Per Litre to Rs428.74 in Pakistan

Finance /

The federal government announced massive hike in kerosene oil by Rs70.73 per litre, taking the new price to Rs428.74 per litre. The change was announced in a notification issued by the Oil and Gas Regulatory Authority (OGRA) on Friday. The new prices have come into effect immediately. According to officials, the increase is due to

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Pakistan Secures $500 Million Loan from Asian Development Bank 2026

Finance /

Islamabad: Pakistan has received approval for a $500 million loan from the Asian Development Bank (ADB). This funding aims to strengthen the country’s economy, support foreign financing, and improve disaster and climate resilience programs. Loan Program The loan is part of the Climate and Disaster Resilience Enhancement Program (CDREP), signed between the Government of Pakistan

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FBR Asked to Boost Tax Collection to Meet Revenue Targets

Finance /

ISLAMABAD: PMShehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR) to expand technology-driven monitoring of productive sectors to boost tax collection and curb tax evasion. The directive was issued during a weekly review meeting on FBR reforms held at the Prime Minister’s Office, where officials discussed the progress of ongoing tax reforms and

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Pakistan’s Central Govt Debt Reaches Nearly Rs. 80 Trillion in January 2026

Finance /

Pakistan’s central government debt has increased nearly to Rs. 80 trillion in January 2026, according to the latest report released by the State Bank of Pakistan (SBP). The rising debt highlights the country’s ongoing financial challenges and its continued reliance on borrowing to manage the budget deficit. Debt Rises to Rs. 79.3 Trillion Official figures

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