Finance minister Muhammad Aurangzeb has warned that Pakistan’s oil import costs could climb to $600 million per month if the crisis continues to intensify.

KARACHI, March 9 (Reuters) - Pakistan’s central bank kept its key policy rate unchanged at 10.5% on Monday, pausing its easing cycle as rising global energy prices and regional tensions pose new ...

Pakistan has announced a record fuel price hike of 55 PKR per liter. With the Strait of Hormuz blocked and international oil prices surging, cities like Karachi and Lahore face panic at the pumps.

Pakistan’s fuel crisis has reignited debate over its decision to avoid Russian oil, with analysts questioning whether ...

Barcelona and Islamabad, 4 March, 2026: Pakistan’s digital payments ecosystem is evolving from innovation to infrastructure, with Prime Minister Shehbaz Sharif’s Cashless Economy Initiative, supported ...

For the next two months, government expenditure will be reduced by 20% and fuel allocated to vehicles of government departments will be reduced by half.

An IMF report argues that weak governance and corruption keep Pakistan in economic stress, as imports and foreign financing sustain consumption-led growth while the tax to GDP ratio stays near ten per ...

The World Bank recently released a comprehensive review of Pakistan’s poverty and welfare trends since the early 2000s. The assessment has raised concerns about Pakistan’s economy, saying that the ...

Pakistan is considering various measures, including weekly petroleum price revision, compensating oil companies and mandatory work from home, to “keep markets liquid” amid the disruption of trade ...

Pakistan’s Prime Minister Shehbaz Sharif leads a delegation in discussions with Chinese President Xi Jinping in Beijing, China, Sep. 2, 2025. Credit: Prime Minister’s Office of Pakistan During the ...