Pakistan Hafiz Naeemur Rehman Demands Rs122 Cut in Petrol Prices, Calls for End to Petroleum Levy May 30, 2026 The Universe LAHORE: Jamaat-e-Islami chief Hafiz Naeemur Rehman has called on the government to reduce petrol prices by Rs122 per litre instead of the recently announced Rs22 reduction, arguing that declining global…
Business Pakistan Assures IMF of Ending Rs140 Billion Gas Subsidy by January 2027 May 13, 2026 The Universe The Government of Pakistan has assured the International Monetary Fund that the existing Rs140 billion cross-subsidy on gas consumers will be completely phased out by January 2027 as part of…
Business IMF Approves $1.32 Billion for Pakistan, Praises Reform Progress Despite Global Economic Pressures May 9, 2026 The Universe IMF Approves $1.32 Billion for Pakistan, Praises Reform Progress Despite Global Economic Pressures
Business Pakistan Returns $2bn UAE Deposit as External Financing Pressures Mount April 19, 2026 The Universe The State Bank of Pakistan (SBP) on Saturday confirmed that the government has repaid $2 billion in deposits to the United Arab Emirates, adding to pressure on the country’s external…
Pakistan PM Shehbaz Meets KP CM Sohail Afridi Over Pending Provincial Funds February 2, 2026 The Universe Prime Minister Shehbaz Sharif on Monday met Khyber Pakhtunkhwa Chief Minister Sohail Afridi at the Prime Minister’s House in Islamabad, where the two leaders discussed outstanding federal funds for the…
Business IMF Urges Pakistan to Complete Super Tax Recoveries Within One Month After Supreme Court Ruling January 28, 2026 The Universe The International Monetary Fund (IMF) has urged the Pakistan government to complete all pending super tax recoveries within one month following the Supreme Court’s verdict in favour of the levy,…
Latest PM Shehbaz Says Trump Sent “Good Wishes” for Pakistan, Credits Him for Averting Pak-India War January 25, 2026 The Universe LONDON: Prime Minister Shehbaz Sharif on Saturday said US President Donald Trump conveyed “good wishes” for Pakistan during a brief interaction at the World Economic Forum (WEF) in Davos. Salman…
Business IMF Chief Kristalina Georgieva Praises Pakistan’s Economic Reforms Under PM Shehbaz Sharif January 24, 2026 The Universe Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has lauded the Pakistan government’s economic reform agenda, led by Prime Minister Shehbaz Sharif, praising his commitment to development and…
Business US Signals Rapid Sanctions Relief for Venezuela, Eyes IMF and World Bank Re-Engagement January 11, 2026 The Universe US Treasury Secretary Scott Bessent has said that additional US sanctions on Venezuela could be lifted as early as next week to facilitate oil sales, marking a significant shift in…
Latest IMF Seeks End to Tax Exemptions on Electric and Hybrid Vehicles Under Pakistan Loan Program December 30, 2025 The Universe Pakistan’s electric and hybrid vehicle sector may face major changes as new conditions linked to the International Monetary Fund’s (IMF) $7 billion loan program have emerged, sources said on Monday.…