Pakistan economy news, inflation, interest rates, taxation, energy and economic policy.
Pakistan has reduced petrol prices by Rs1.60 per litre while raising diesel by Rs1.64, with the revised rates taking effect on October 23.
LPG shortages are worsening across Pakistan after border closures disrupted imports from Iran, pushing cylinder prices sharply higher in several cities and raising concerns about winter supplies.
Pakistan's total liquid foreign exchange reserves fell $30 million to $26.833 billion as commercial bank holdings declined, despite a $19 million increase in State Bank reserves.
The World Bank says stronger private investment and structural reforms could support annual growth of up to 6.9%, lifting incomes substantially by 2050.
Government projections show sufficient urea stocks for the Rabi season, while DAP availability may fall short of demand, raising concerns about fertiliser access during wheat planting.
Pakistan is considering a $2.3 billion smart metering project covering approximately 16.2 million electricity connections across five distribution companies.
Pakistan has reduced petrol to Rs379.31 per litre while raising diesel slightly to Rs390.11 under revised prices effective October 22.
Pakistan has increased profit rates on several National Savings products, including schemes used by pensioners and senior citizens.
The IMF has called for a broader and more predictable tax system in Pakistan, including reforms to exemptions and compliance.
LPG prices reportedly reach Rs600 per kilogram in some regions amid supply disruptions and rising winter demand.
Pakistan’s proposed automotive policy covers electric vehicles, export incentives and import tariff reforms.
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