Business & Economy Correspondent

Mehreen Abbasi

Stories by Mehreen Abbasi

Page 6 of 23

The State Bank of Pakistan's heritage headquarters building on I.I. Chundrigar Road in Karachi, with its fluted columns and pediment

Aurangzeb briefs IMF on digital asset-declaration scheme for 10,000 federal employees

On 29 September, Aurangzeb told the IMF that 10,000 federal civil servants must file digital asset declarations by 30 October; the FBR cited a Rs144bn Hormuz revenue hit.

The State Bank of Pakistan building in Lahore, with its domed clock tower and arched facade

Pakistan / Business & Finance

IMF opens formal talks with Pakistan on fourth review of $7bn programme

Formal IMF-Pakistan policy talks begin in Islamabad on 28 September for the fourth EFF review and third RSF review, with about $1.2bn in disbursements riding on the outcome.

A roadside fuel station with a petrol pump canopy in Khuzdar, Balochistan, with a fuel truck and vehicles parked nearby.

Pakistan / Business & Finance

Pakistan raises petrol by Rs2.02 and cuts diesel by Rs3.59 from September 26

Pakistan raised petrol by Rs2.02 a litre and cut high-speed diesel by Rs3.59 from 26 September 2026, setting petrol at Rs391.30 and diesel at Rs408.53 for three days.

The Parliament House building in Islamabad seen from across its lawns, with the main hall and colonnaded wings in daylight

Pakistan / Business & Finance

IMF wants Pakistan to pass 174 law changes as fourth review talks near

Finance Secretary Imdadullah Bosal told a parliamentary panel the IMF wants about 174 amendments to Pakistani laws passed, as the fourth review of the $7bn EFF approaches.

The United Nations General Assembly Hall in New York, showing the rows of delegates' desks facing the speaker's podium and the tall rear gallery

Pakistan / Business & Finance

IMF raises no serious concerns over Pakistan's fuel subsidy, PM says

PM Shehbaz Sharif said the IMF raised no serious concerns over Pakistan's Rs100-per-litre fuel subsidy in his UNGA meeting with IMF chief Kristalina Georgieva.

A Pakistan International Airlines Boeing 777-240ER with the registration AP-BGK taxiing at London Heathrow Airport

Pakistan / Business & Finance

Pakistan seeks US EXIM financing for PIA Boeing jets, refineries and Reko Diq

Pakistan asked the US Export-Import Bank to finance PIA Boeing 787 Dreamliners, refinery upgrades and the Reko Diq copper-gold mine in New York talks.

Storage tanks and industrial infrastructure at Pakistan Refinery Limited in Korangi, Karachi, seen from above.

Pakistan / Business & Finance

Four Pakistani refineries sign $5bn upgrade agreements with government

Attock, National, Pakistan and Cnergyico refineries signed long-delayed upgradation agreements with the government on 24 September, unlocking about $5 billion in investment.

The red-brick State Bank of Pakistan building in Lahore seen from the street, with its arched entrance and tall clock tower

Pakistan / Business & Finance

IMF opens Pakistan's fourth review with Rs370bn health, education spending gap

The IMF opened Pakistan's fourth EFF review with officials flagging a Rs370bn health and education spending shortfall and Rs853bn in statistical discrepancies.

The International Monetary Fund headquarters building in Washington, D.C., seen from the street with flags at the entrance

Pakistan / Business & Finance

IMF review mission arrives in Karachi as Pakistan begins fourth EFF talks

The IMF staff mission has arrived in Karachi to begin the fourth review of Pakistan's $7 billion programme, as the Finance Ministry pushes back on 'fiscal numbers' claims.

The Pakistan Secretariat complex in Islamabad, with its government blocks and lawns seen from across a road

Pakistan / Business & Finance

Planning Ministry asks PM for seat in Pakistan's core IMF team as fourth review talks begin

Planning Minister Ahsan Iqbal formally asked PM Shehbaz to include his ministry in the core team for IMF negotiations, ahead of the fourth review talks starting 23 September.

A shipping container mounted on a truck chassis travelling along a multi-lane freeway

Pakistan / Business & Finance

Container seizures begin to disrupt food and medicine supplies in Islamabad, Rawalpindi

Police seizures of around 1,000 containers for long-march roadblocks are halting food and medicine supplies to Islamabad and Rawalpindi, wholesalers say.

A crowd of protesters at a street rally in Islamabad, photographed from behind the gathered supporters

Pakistan / Business & Finance

Protests and sit-ins could cost Pakistan Rs120bn a day, finance minister warns

Finance Minister Muhammad Aurangzeb said on 20 September that marches, sit-ins and strikes could cost Pakistan's economy around Rs120 billion a day.