Business & Economy Correspondent
Mehreen Abbasi
Stories by Mehreen Abbasi
Page 17 of 23
Pakistan / Business & FinancePakistan repays $1.3bn Eurobond on schedule as $3.5bn UAE repayment looms
Pakistan repaid a $1.3 billion Eurobond maturing on 8 April 2026 plus $126 million in coupons, the finance adviser said, while a $3.5 billion UAE repayment approaches.
Pakistan / Business & FinancePIA suspends Beijing and Kuala Lumpur flights and ends discounts as jet fuel costs soar
PIA said on 6 April 2026 it would cap UAE flights at 16 a week, suspend Gulf and Asian routes and scrap passenger discounts after jet fuel prices doubled.
Pakistan / Business & FinancePM Shehbaz cuts petrol levy by Rs80, price falls to Rs378 after record hike
Prime Minister Shehbaz Sharif cut the petroleum levy on petrol by Rs80 per litre, bringing the pump price down to Rs378, a day after a 42.7 per cent hike in a global oil shock.
Pakistan / Business & FinancePakistan to repay $3.5bn UAE debt this month as April obligations hit $4.8bn
Pakistan will return its entire $3.5 billion debt to the United Arab Emirates this month in three instalments, officials said, bringing April external debt service to $4.8bn.
Pakistan / Business & FinancePSX plunges 3,500 points as Trump's Iran threat spooks investors
The KSE-100 fell 2.25 per cent to 152,011 points on 2 April 2026 after Donald Trump vowed to keep fighting in Iran, sending oil higher and dashing hopes of a quick end to the war.
Pakistan / Business & FinancePakistan's economy grows 3.89% in Q2 FY26 as industry rebounds
Pakistan's GDP grew 3.89 per cent year on year in the second quarter of FY26, the fastest Q2 expansion in four years, as industry rebounded, the National Accounts Committee said.
Pakistan / Business & FinancePakistan signs its first Article 6.2 carbon market deal with Norway
Pakistan and Norway signed the country's first bilateral agreement under Article 6.2 of the Paris Agreement, opening the door to carbon trading and climate finance.
Pakistan / Business & FinanceProvinces agree to share oil subsidy as government shelves smart lockdown
President Zardari and the four chief ministers agreed that provinces will share the oil subsidy burden under the NFC Award, shelving a proposed nationwide smart lockdown.
Pakistan / Business & FinancePakistan allocates Rs125bn to hold oil prices as PM reviews fuel austerity
A 29 March 2026 fuel review chaired by Prime Minister Shehbaz Sharif allocated Rs125 billion to prevent a petrol and diesel price rise and pushed vehicle registration.
Pakistan / Business & FinancePakistan holds petrol and diesel, raises kerosene to Rs433.40
On 28 March 2026 Pakistan raised kerosene by Rs4.66 to Rs433.40 a litre while freezing petrol and diesel, as PM Shehbaz said the state would bear Rs56bn.
Pakistan / Business & FinanceIMF, Pakistan sign staff-level agreement unlocking $1.2bn tranche
On 28 March 2026 the IMF announced a staff-level agreement unlocking $1.2bn for Pakistan under the EFF and RSF, with tacit backing for Islamabad's fuel subsidy.
Pakistan / Business & FinanceKSE-100 plunges 5,405 points as war panic returns to PSX
Pakistan's benchmark KSE-100 index fell 3.41 per cent to 152,907.97 on Thursday as fading hopes of a US-Iran ceasefire and rising oil prices triggered broad selling.