People wait their turn to get fuel at a petrol station, in Karachi, June 2, 2022. — ReutersCommittee reviews subsidy across provinces, GB and AJK.PM Shehbaz Sharif approves subsidy withdrawal decision.DPM Ishaq Dar directs improvements in data systems.The federal…
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Govt cuts sugar import amid IMF concerns over policy violations
A representational image showing workers preparing sugar bags at a warehouse. — AFP/FileTrading Corporation delays bid opening date to July 22, 2025.Move marks U-turn from govt’s aim to import 0.5m tonnes of sugar.IMF terms tax waiver imports “violation of EFF commitments”.
SBP announces bank holiday on May 1 on account of Labour Day
This file photo shows State Bank of Pakistan building. — AFP
The State Bank of Pakistan announced on Tuesday that banks nationwide will remain closed on May 1 on account of Labour Day.
A brief notification issued by the central bank stated that May 1 has been…
Govt increases petrol price by Rs8 per litre for next fortnight
Employees at a fuel station attend to their customers in Islamabad. — AFP/FilePetroleum Division notifies new prices.Petrol price set at Rs266.17 per litre.Diesel raised by Rs5.16 to Rs280.86 per litre.
The federal government increased the price of petrol by Rs8 per litre for the…