Business & Economy Correspondent
Mehreen Abbasi
Stories by Mehreen Abbasi
Page 11 of 23
Pakistan / Business & FinancePIA resumes direct Lahore-Manchester flights after six years
Pakistan International Airlines restarted direct flights between Lahore and Manchester on 2 July, with the first Lahore-bound service leaving Britain the night before.
Pakistan / Business & FinancePIA privatisation reaches first closing as Arif Habib consortium takes control
The Privatisation Commission transferred management control of Pakistan International Airlines to an Arif Habib-led consortium after the first financial closing.
Pakistan / Business & FinancePakistan weighs cheaper oil and gas imports from Iran, says minister
Petroleum Minister Ali Pervaiz Malik said Pakistan is considering discounted Iranian crude and gas after US sanctions eased, with potential savings of $170-340 million.
Pakistan / Business & FinancePakistan keeps petrol, diesel prices unchanged and raises levy
The government left petrol at Rs299.50 and diesel at Rs311.47 a litre, absorbing lower international crude prices through a higher petroleum levy instead of passing on relief.
Pakistan / Business & FinanceZardari assents to Rs18.8tr Finance Bill for FY2026-27
President Asif Ali Zardari signed the Finance Bill 2026 on 26 June, completing the legal process for the Rs18.8 trillion federal budget that takes effect on 1 July.
Pakistan / Business & FinanceNA passes Rs18.77tr Finance Bill as opposition walks out
The National Assembly approved the Rs18.77 trillion Finance Bill 2026-27 after rejecting opposition amendments, clearing revised tax relief and new levies for the next fiscal year.
Pakistan / Business & FinanceNational Assembly passes Rs18.77tr budget for FY2026-27
The National Assembly approved the Finance Bill 2026-27 after rejecting opposition amendments, clearing a Rs18,771 billion budget with new tax and duty rules.
Pakistan / Business & FinancePakistan ends fuel subsidy as global oil prices fall
A federal committee chaired by Ishaq Dar approved ending fuel subsidies for motorcyclists, farmers and transport operators after global oil prices fell.
Pakistan / Business & FinanceNational Assembly approves Rs3.69tr defence budget for 2026-27
The National Assembly unanimously approved 88 demands for grants, including more than Rs3.69 trillion for defence, with the opposition moving no cut motions.
Pakistan / Business & FinancePakistan withdraws fuel-conservation and austerity measures
The federal government terminated the fuel-conservation and additional austerity measures imposed on 9 March, keeping only the existing market and bazaar closing hours.
Pakistan / Business & FinancePM Shehbaz announces Rs74 cut in petrol, Rs67 in diesel
Prime Minister Shehbaz Sharif announced a Rs74 per litre cut in petrol and a Rs67 cut in high-speed diesel, passing on falling global oil prices after the US-Iran accord.
Pakistan / Business & FinanceBudget debate: government defends 2026-27 plan as opposition seeks relief
Government lawmakers called the 2026-27 federal budget the best possible plan, while opposition members demanded salary increases, relief and more farm spending.