Headlines Govt plans Export Facilitation Scheme overhaul to curb invoice misuse: report Proposals include replacing bank guarantees with post-dated cheques, withdrawing commercial importer exemption, allowing temporary import of used vehicles, parts for re-export
Jun 5, 2026
Headlines IMF programme no excuse to squeeze businesses, public through budget, says PBF Pakistan Business Forum urges govt to tax under-taxed sectors instead of burdening documented taxpayers, calls for measures to boost investment and exports
Jun 5, 2026
Headlines Ogra permits Cnergyico to export 40,000 tonnes of furnace oil Approval follows 100,000-tonne export clearance for Parco, with both shipments subject to domestic demand and upliftment requirements
Jun 5, 2026
Headlines National Assembly cuts 381 posts, targets ₨4.5 billion savings through austerity drive Secretariat reduces workforce from 1,725 to 1,344 positions and saves ₨2.5 billion through digitisation and spending controls
Jun 5, 2026
Headlines Govt calls ECC meeting to review funding proposals worth billions before federal budget Apex committee to consider ₨7 billion SDGs grant, ₨1.3 billion Pakistan Mint upgrade and additional allocations for security and development projects
Jun 5, 2026
Headlines Pakistan renews proposal for Saudi investment to set up $10 billion refinery at Gwadar as port activity surges 30% Islamabad offers Gwadar refinery, LNG and LPG terminals at Karachi Port as 100 acres are cleared for proposed industrial projects
Jun 5, 2026
Headlines SIFC, Saudi delegation discuss investment in energy, infrastructure, agriculture Two-day talks cover M-6, M-10, M-13 motorways, Karachi ports, airports, power transmission, gas metering, mining, real estate projects; PM Shehbaz seeks broader economic partnership
Jun 5, 2026
Headlines Pakistan sets Rs290 per dollar exchange rate for FY27 budget Rate to guide foreign debt, defence procurement, overseas missions, development allocations; external interest payments projected near Rs1.1 trillion
Jun 5, 2026
Headlines Pakistan LNG Limited awards spot cargo for June to BP Singapore at $19.13/MMBtu 140,000-cubic-metre shipment to arrive at Port Qasim on June 6-7 after BP submits lowest bid among five suppliers
Jun 5, 2026
Headlines National Economic Council to meet on June 8 to approve FY27 development budget Economic Survey scheduled for June 9, federal budget for June 10; National Assembly, Senate sessions set for 5 pm, 6 pm
Jun 5, 2026
World Business News India plans over $2 billion drone purchase as defence demand rises More than 600 Indian firms make drones and components, with over 100 focused on defence applications
Jun 4, 2026
Headlines Petroleum dealers give government 48-hour deadline on commission increase PPDA warns of nationwide action if commission issue remains unresolved, cites rising costs and declining diesel sales
Jun 4, 2026