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Pakistan’s Finance Ministry has rejected claims about sovereign financing transactions, including Eurobond and Panda Bond issuances. The ministry said the deals met legal and regulatory requirements and warned that misleading reports could damage investor confidence.
Gwadar Port has completed its first commercial bunkering operation by supplying 2,500 metric tonnes of marine fuel to the LNG carrier Enugu. The milestone is being viewed as a step toward expanding Pakistan’s maritime services, port revenue and blue economy potential.
Sindh has raised official prices of major flour varieties in Karachi while launching a crackdown on hoarding and overcharging. The move comes amid rising wheat costs, procurement shortfalls and growing pressure on household food budgets.
Pakistan has raised petrol by Rs13.18 per litre and high-speed diesel by Rs13.80 per litre, with new rates effective from July 11. The move is expected to affect transport fares, household spending and business costs across the country.
Pakistan’s seafood exports reached a record $568 million in FY2025-26, led by frozen fish, squid, cuttlefish, fish meal, shrimps, and crabs. The government says stronger quality controls, export diversification, and blue economy reforms helped the sector perform despite regional trade disruptions.
A cabinet committee has rejected a request by Sui Southern and Sui Northern for exemption from international accounting standards amid Rs3.44 trillion gas-sector circular debt. The Petroleum Division has been told to revise the proposal after consultations with finance and law authorities.
The Asian Development Bank has kept Pakistan’s growth forecast unchanged at 3.7pc for the current fiscal year while projecting inflation at 8.3pc. The lender warned that Middle East tensions, energy disruptions and tighter financial conditions could keep pressure on Pakistan’s economy.
The Pakistan Stock Exchange fell sharply as renewed Middle East tensions rattled investor confidence and triggered broad-based selling. The KSE-100 Index remained under pressure despite partial recovery, with traders watching oil prices and regional risks.
The Pakistan Stock Exchange fell sharply on Tuesday as the KSE-100 index lost 1,199 points and ended a five-day bullish streak. Analysts linked the decline to profit-taking, regional market weakness and selling pressure in heavyweight sectors.
Prime Minister Shehbaz Sharif has directed Smeda, the State Bank and commercial banks to develop a strategy that improves SME access to financing. The plan aims to support exports, young entrepreneurs, women-led businesses and small firms seeking expansion.
The government has missed its July 1 deadline to notify gas tariff adjustments required under Pakistan’s IMF programme. Officials linked the delay to Ogra-related legal issues and unresolved targets for reducing unaccounted-for-gas losses.
Radar services at Islamabad International Airport were suspended for eight hours due to scheduled maintenance, with Lahore Airport providing backup coverage. Authorities said the arrangement was aimed at keeping flight operations coordinated during the temporary shutdown.
