← Mehreen Abbasi

Business & Economy Correspondent

Mehreen Abbasi

Stories by Mehreen Abbasi

Page 8 of 23
A roadside fuel station with a red-and-white canopy over several pumps, a tall price sign and a car parked at one of the islands.Pakistan / Business & Finance

Pakistan cuts petrol by Rs0.50 and diesel by Rs0.19 from August 28

Pakistan cut petrol by Rs0.50 a litre and high-speed diesel by Rs0.19 from 28 August 2026, setting petrol at Rs342.60 and high-speed diesel at Rs371.61.

The white Prime Minister House complex in Islamabad, with domed roofs and arched facades, seen from a distance against the Margalla hills.Pakistan / Business & Finance

Pakistan seeks strategic economic partnership with Saudi Arabia, PM says

Prime Minister Shehbaz Sharif told a visiting Saudi business delegation that Pakistan wants to turn ties with Riyadh into a strategic economic partnership.

A field of wheat with green and ripening ears stretching towards low hills.Pakistan / Business & Finance

Farmers warn of three-million-tonne wheat shortfall, seek Rs4,702 support price

Pakistan Kissan Ittehad warned of a potential three-million-tonne wheat shortfall and a $1.2 billion import bill, urging the government to restore the support price.

A large pale State Bank of Pakistan building seen across a green lawn and trees.Pakistan / Business & Finance

Moody's upgrades Pakistan's credit rating to B3 on improving stability

Moody's raised Pakistan's sovereign credit rating to B3 from Caa1 with a stable outlook, citing stronger reserves, debt affordability and governance expectations.

A Pakistan State Oil petrol and CNG station with pumps and a canopy beside a road in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan cuts diesel by Rs32.63, raises petrol for August 20

The federal government cut high-speed diesel by Rs32.63 a litre and raised petrol by Rs2.97 for August 20 after talks with local refineries on 19 August 2026.

The white, tiered facade of the Supreme Court of Pakistan building in Islamabad, with its sign, lawns and trees in front under a clear blue sky.Pakistan / Business & Finance

Court rules firms may offset super tax with tax credits

Pakistan's Federal Constitutional Court ruled on 17 August 2026 that companies may adjust tax credits under Section 168 against super tax, setting aside a high court order.

A long line of decorated goods trucks parked along the shoulder of a highway, with police officers standing on the road beside them.Pakistan / Business & Finance

Goods transporters suspend nine-day strike for 40 days after talks

Pakistan's goods transporters suspended their nine-day nationwide strike for 40 days on 16 August 2026 after government assurances on fuel pricing, tolls and axle loads.

A brightly painted orange truck with a decorated wooden crown travels along a gravel mountain road, with another truck behind it.Pakistan / Business & Finance

Goods transporters' strike splits as containers stay off roads

A section of Pakistan's goods transporters called off its wheel-jam strike on 14 August 2026, but container trailers and edible oil tankers stayed off the roads.

A roadside service station beside the M-2 motorway in Pakistan.Pakistan / Business & Finance

Petroleum dealers postpone strike after margin rise approved

The PPDA postponed a planned nationwide strike after the government approved a Rs1.34 increase in dealers' margins on petroleum products on 14 August 2026.

A Pakistan State Oil petrol and CNG station beside a road in Hyderabad, Sindh.Pakistan / Business & Finance

Petrol dealers announce indefinite nationwide strike from August 15

The PPDA said talks with the government failed after it refused to change daily fuel-price adjustments, and a separate goods transport strike also continued.

A decorated goods truck driving on the N-5 highway near Thatta, Pakistan.Pakistan / Business & Finance

Goods transporters' wheel-jam strike continues after talks fail

Talks between the government and the All Pakistan Goods Transport Ittehad ended without resolution on 11 August 2026, as the nationwide strike entered a fourth day.

Finance Minister Muhammad Aurangzeb speaking in a televised interview.Pakistan / Business & Finance

Pakistan cites 'considerable progress' on US reciprocal trade framework

Finance Minister Muhammad Aurangzeb told US Chargé d'Affaires Natalie Baker on 10 August 2026 that Pakistan made considerable progress on a reciprocal trade framework.