Power Minister Awais Ahmad Khan Leghari addresses a press conference in Islamabad on May 31, 2026. — Screengrab via GeoNewsEligible users continue receiving subsidy through QR code system: minister.QR code reforms aim to ensure subsidies reach deserving users: Leghari.Power minister…
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Budget deficit down to 5.4% of GDP in FY25 from 6.8% in FY24
Boy walks past a sidewalk money exchange stall decorated with pictures of banknotes in Karachi. — Reuters/FileStatistical discrepancy went up to Rs0.32tr in Fiscal Year 2024-25.Govt had to borrow 50% amount to finance defence spending.Net revenue receipts at Rs9.94tr after Rs6.85…
FBR finds customs officers, MRAs involved in regularisation of smuggled vehicles
A employee of a car showroom walks amidst new cars displayed at an auto dealer centre in Karachi. — AFP/FileFBR introduced “Auction Module” in its WeBOC system in 2021.103 vehicles fraudulently uploaded using fake user identities: FBR.Seven FIRs lodges, 13 individuals arrested in…
Current account surplus jumps to $1.07bn in March
A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, on May 19, 2022. — AFP/FileThird consecutive monthly surplus recorded.Trade deficits narrow significantly.Saudi inflows support reserves.
Pakistan’s current account surplus widened sharply in March from the…