A fuel station worker filling petrol in a motorcycle in Karachi, on January 1, 2026. — PPIOfficials say int’l diesel prices have increased by 30%.Calls revived to form a strategic petroleum reserve.PSO asked to explore alternative oil and diesel sources.KARACHI: The…
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IMF raises concern over FBR’s Rs1.2tr tax shortfall

A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. — ReutersIMF questions FBR over Rs1.2tr revenue shortfall.Pakistan secures $1.37bn external loans in two months.Government…
Russia ready to supply discounted oil to Pakistan, says envoy

Russian Ambassador to Pakistan Albert Khorev. — Russian embassy to Pakistan website/FileNo request received from Islamabad yet: envoy.Says Iran’s response directed at US military in Gulf.Russian envoy criticises US, Israel over Iran crisis.
ISLAMABAD: Russia’s…
Pakistan revises barter trade mechanism with Iran, Russia, and Afghanistan

Barter transaction period extended from 90 to 120 days.Private firms permitted to form trade consortia.ECC approved amendments to the mechanism earlier this month.
Pakistan has implemented a revised business-to-business Barter Trade Mechanism with Iran, Russia, and Afghanistan…




