6 d. ago Gas price hike may push electricity bills up by Rs1 per unit from july

Electricity prices in Pakistan may increase by up to Rs1 per unit from July 1, due to a recent hike in gas tariffs used for power generation. The Central Power Purchasing Agency (CPPA-G) warned of this possibility during a public hearing held by NEPRA on Monday. The immediate request, however, was a smaller 10 paisa […]

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6 d. ago Big cut in LPG Rates in Pakistan ahead of July Petrol Price Review

ISLAMABAD – Relief for masses as Oil and Gas Regulatory Authority (OGRA) announced drop in price of Liquefied Petroleum Gas

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6 d. ago OGRA hikes gas prices for industries and power sector, no change for domestic users

ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) has issued a notification announcing an increase in gas prices for several sectors, effective from July 1, 2025. However, domestic consumers have been spared from the price hike, with only a rise in fixed monthly charges. According to OGRA’s spokesperson, the revised gas rates will not […]

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7 d. ago 50pc hike in fixed gas charges notified for domestic consumers

The government on Sunday notified a 50 per cent increase in fixed gas charges for domestic consumers, according to a notification from the Oil and Gas Regulatory Authority (Ogra). On Friday, the federal cabinet’s Economic Coordination Committee (ECC) approved the hike in fixed gas charges for all consumers from July 1. The ECC decided to […]

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8 d. ago ECC approves PKR 1.58 billion to honour armed forces’ sacrifices

The Economic Coordination Committee (ECC) of Pakistan has approved a grant amounting to over 1.58 billion Pakistani Rupees (PKR) to cover the salaries, allowances, and other financial obligations of the country’s armed forces. This decision was made during a meeting chaired by Finance Minister Muhammad Aurangzeb. The approved funds will be allocated by the Ministry […]

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9 d. ago Sui Gas Bills to go up from July 2025 as govt revises fixed charges; Check New Rates here

ISLAMABAD – Millions in Pakistan are struggling to afford Sui Gas due to repeated price hikes in recent years as

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9 d. ago ECC approves supplementary grants and new gas prices in key economic meeting

ISLAMABAD – The Economic Coordination Committee (ECC) approved several technical supplementary grants for different ministries during a meeting chaired by Finance Minister Muhammad Aurangzeb. These grants are part of the budget for the 2024–25 financial year. The committee approved Rs 15.8 billion for the Ministry of Defence. Another Rs 6.3 crore was approved for rent […]

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9 d. ago Govt to present Rs203bn supplementary, excess grants in national assembly today

ISLAMABAD – The federal government is set to seek National Assembly approval for supplementary and excess grant demands totaling Rs203.345 billion for the financial years 2023–24 and 2024–25. Finance Minister Muhammad Aurangzeb will present the proposals in the Lower House today [Friday] for discussion and voice vote approval. For the fiscal year 2024–25, the government […]

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1 week ago Pakistan’s economic momentum grows as remittances hit $34.89 billion

Pakistan’s economy continues to strengthen for the second consecutive year under the Special Investment Facilitation Council (SIFC). Reforms and strategic investment policies have boosted confidence both locally and internationally. The country has shown progress in key areas including economic growth, trade, and investor returns. During the first 11 months of fiscal year 2024-25, remittances surged […]

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1 week ago Banking Sector Backs Federal Budget 2025–26 to Drive Inclusive Growth and Economic Stability

  Karachi, June 2025 — As a key partner in Pakistan’s economic development, the banking sector—under the aegis of the Pakistan Banks Association (PBA)—continues to play a vital role in supporting national priorities and advancing structural reforms. In close coordination with the Ministry of Finance (MoF), the State Bank of Pakistan (SBP) and other partners across […]

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2 w. ago Petroleum division hands over gas price hike decision to audit firm KPMG

The Petroleum Division has taken a new step by outsourcing the decision on which domestic gas consumers will face a price hike to the international audit firm KPMG. This is the first time an external firm has been given this responsibility. KPMG has been assigned to advise the government on which domestic consumer categories should […]

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2 w. ago PM Shehbaz urges swift finalization of national industrial policy to boost local manufacturing

Prime Minister Shehbaz Sharif has directed authorities to quickly finalize the National Industrial Policy in consultation with all relevant stakeholders. Chairing a high-level meeting in Islamabad on Thursday, he emphasized the importance of resolving industrial sector challenges and speeding up local manufacturing growth. The Prime Minister said domestic industries are key to achieving export-led economic […]

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2 w. ago Zardari and Shehbaz discuss economy and political climate in key meeting

President Asif Ali Zardari and Prime Minister Shehbaz Sharif met to discuss Pakistan’s current political and economic situation. During the meeting, Shehbaz Sharif briefed the president on his recent visit to the United Arab Emirates and shared key developments. They also exchanged views on the upcoming federal budget. President Zardari stressed the importance of strengthening […]

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2 w. ago PM Shehbaz highlights blue economy as key to Pakistan’s growth

ISLAMABAD – Prime Minister Shehbaz Sharif has stressed the vital role of the blue economy in Pakistan’s development, calling it a major force for national and regional economic progress. While speaking at the soft launch of the second International Maritime Expo and Conference in Islamabad, the prime minister stated that Pakistan must fully explore its […]

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3 w. ago Fazlur Rehman calls for govt support to traders, highlights Karachi’s economic role

KARACHI – JUI-F chief Maulana Fazlur Rehman has urged the government to support and respect Pakistan’s business community, calling traders the backbone of the country’s economy and key to national progress. During a visit to the residence of Federal Minister Qaiser Ahmed Sheikh in Karachi, Fazlur Rehman met with leading industrialists including Sultan Chawla, Javed […]

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3 w. ago Lawmakers urge tax relief, slam harsh measures in federal budget debate

ISLAMABAD – Lawmakers from across party lines voiced strong concerns during the National Assembly’s budget debate on Saturday, calling for meaningful tax relief for the public and opposing aggressive tax enforcement measures. While some appreciated key incentives, many demanded greater fairness and economic balance in the 2025-26 federal budget. Defence Minister Khawaja Asif said Pakistan […]

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3 w. ago Pakistan’s remittances jump to $3.68bn in may, on track for record $38bn in FY25

Remittances to Pakistan rose sharply to $3.68 billion in May 2025, marking a 16% increase from April and a 13.67% rise year-on-year, according to the State Bank of Pakistan. This strong growth continues the upward trend in remittance inflows. It also plays a key role in strengthening Pakistan’s foreign reserves and supporting the economy. From […]

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3 w. ago Tax relief proposed for fertilizers, pesticides—but farmers still disappointed

In the newly announced federal budget 2025–26, the Pakistani government has proposed to continue sales tax exemptions on fertilizers and pesticides, in an attempt to support the agriculture sector, considered the backbone of the economy. Despite this relief, key stakeholders have voiced dissatisfaction, saying many promises remain unfulfilled. During his budget speech in Parliament, Finance […]

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3 w. ago Pakistan’s nuclear plants power 3,530 MW despite falling electricity demand

Pakistan’s nuclear power plants (NPPs) are a key part of the country’s energy supply. According to the Economic Survey 2024-25, six nuclear reactors produce a total capacity of 3,530 MW. These plants help diversify Pakistan’s energy sources and reduce reliance on fossil fuels. The Chashma Nuclear Power Station near Mianwali has four units with a […]

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