Pakistan decides to increase Eurobond issuance to over $1 billion
- 21-Apr-2026
ISLAMABAD: Pakistan has decided to increase its Eurobond issuance to $1 billion from $750 million, sources said on Tuesday, a day after the government had raised the issuance size from $500 million to $750 million. According to Ministry of Finance sources, the federal government will issue an additional $250 million in Eurobonds as part of […]
Pakistan’s INMOL Cancer Hospital joins IAEA global network in major milestone
- 19-Apr-2026
In a significant achievement for Pakistan, Lahore’s Institute of Nuclear Medicine & Oncology Lahore (INMOL) has been included in the global network of the International Atomic Energy Agency (IAEA). The INMOL Cancer Hospital in Lahore has formally been awarded the status of a collaborating centre, with a commemorative plaque presented to mark the recognition. The […]
FBR reduces Islamabad property valuation rates by up to 33%
- 17-Apr-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the fair market valuation rates of immovable properties across several sectors of Islamabad by up to 33%, following objections raised by real estate associations. According to officials, property dealers and real estate stakeholders had complained that valuation rates in certain areas were significantly higher than prevailing […]
Pakistan receives $2bln Saudi inflow, confirms SBP
- 16-Apr-2026
Saudi Arabia has extended financial support to Pakistan by depositing $2 billion into the account of the State Bank of Pakistan, the central bank confirmed on Thursday. A day earlier, Finance Minister Muhammad Aurangzeb announced that Saudi Arabia has committed $3 billion in additional financial support for Pakistan, with disbursement expected next week. He further […]
Pakistan to further 'slash' development budget to fund petrol subsidy
- 15-Apr-2026
The Pakistan government has decided to create additional fiscal space for a petrol subsidy by further reducing the federal development budget, ARY News reported on Wednesday, citing sources. As per details shared with ARY News by sources familiar with the development an additional Rs63 billion cut has been approved, bringing the total reduction in the […]
Fitch affirms Pakistan’s ‘B’ rating with stable outlook, cites improving economic stability
- 13-Apr-2026
ISLAMABAD: Global credit rating agency Fitch Ratings has affirmed Pakistan’s sovereign rating at ‘B’ with a stable outlook, highlighting signs of improving financial discipline and macroeconomic stability. In its latest assessment, Fitch stated that maintaining the rating reflects better fiscal management and gradual economic stabilization, supported by ongoing reforms under the International Monetary Fund (IMF) […]
Several FBR officials fail to declare assets
- 13-Apr-2026
ISLAMABAD: It has been revealed that several officials of the Federal Board of Revenue (FBR) have failed to declare their assets, a key requirement under reforms agreed with the International Monetary Fund (IMF). According to official sources, the FBR has completed scrutiny of asset declarations, which uncovered that a number of officers did not comply […]
Petrol price relief underway, says Huzaifa Rehman
- 08-Apr-2026
ISLAMABAD: Federal Minister for Culture and National Heritage Huzaifa Rehman on Wednesday said that work is underway to provide relief in petroleum prices following directions from Prime Minister Shehbaz Sharif. Speaking to ARY News, the minister said the prime minister has issued instructions to immediately reduce petrol and diesel prices and ensure that the benefits […]
Petrol price in Pakistan likely to reduce by Rs 30 to 60 per litre
- 08-Apr-2026
ISLAMABAD: Petroleum prices likely to be reduced by Rs 30 to 60 per litre after the prices in international market dropped in result of the ceasefire between Iran and the United States. The prime minister has issued special instructions after falling petroleum prices in the global market. Prime Minister has directed concerned ministries to extend […]
PM Shehbaz rejects mini-budget, new tax proposals
- 07-Apr-2026
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday rejected all proposals to introduce a mini-budget or impose new taxes to address the revenue shortfall amid the economic fallout of escalating tensions in the Middle East following the US-Israel conflict with Iran. According to senior official sources, the prime minister took a firm stance against any move […]