Federal Minister for Energy Awais Leghari addresses a news conference in Islamabad, April 16, 2026. — Screengrab via YouTube/Geo NewsLNG supply suspension results in over 3,000MW shortfall: minister.Govt generating around 1,400MW using furnace oil, says Leghari.Leghari cautions…
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Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill
The Zubair Oil Field in Basra, Iraq, April 6, 2026. — Reuters
Attacks cut Saudi Arabia’s output by 600,000 bpd: state news agency.Hormuz shipping at near standstill as Iran warns ships to keep to its waters.Brent, WTI loss 11% this week on…
Budget 2026-27: Fiscal turnaround or statistical illusion?
The recently issued Mid-Year Budget Review for fiscal year 2025-26 projects what at first glance appears to be a remarkable improvement in Pakistan’s fiscal position.
The headline numbers show that during July-December 2025, the consolidated fiscal balance moved from…
How the economy fared in 2025
A currency broker stands near his booth, which is decorated with pictures of currency notes, while dealing with customers, along a road in Karachi, Pakistan January 27, 2023. — Reuters
KARACHI: The year 2025 brought some relief for the Pakistan economy that finally broke free from a…