A worker holds a nozzle to pump petrol into a vehicle at a fuel station. — ReutersUS crude drops by $5.71.Brent crude falls $5.72.Rates to be changed on Aug 15.ISLAMABAD: In a sigh of relief for the inflation-hit masses, petroleum product prices in Pakistan are expected to…
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Pakistan leads India in household assets despite lower per-capita GDP: report
A man looks at a computer screen displaying, what they say is a satire video clip on a social media site, in Islamabad, March 14, 2019. — ReutersWashing machine ownership far higher in Pakistan.Pakistan also leads India in refrigerator ownership.India dominates TV ownership, but…
No fuel shortage in Pakistan, clarifies Ogra
In this photo, an overview shows tankers parked outside a local oil refinery in Pakistan’s port city of Karachi. — AFP/fileOgra denies reports of fuel shortage across Pakistan.Two petrol and diesel vessels cleared to stabilise supply.Authority says import clearance delays have now…
Pakistan’s external liabilities stands at $130bn, dollar amounts to 58% of total debt
A foreign currency dealer counts US dollars at a shop in Karachi on May 19, 2022. — AFP/FileExternal financing to rely on multilateral, bilateral sources.$1bn Panda Bond programme established, first issuance in FY26.Preparatory work underway for launch of Sustainable Bonds.