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Pakistan has formally launched the Pakistan-Iran transit corridor with its first export shipment, a frozen meat consignment headed to Tashkent via Gwadar and Iran. Officials say the route could boost port traffic, improve regional connectivity and expand Pakistan’s access to Central Asian markets.
The State Bank of Pakistan has allowed exchange companies to lock in rupee-dollar rates in advance for up to five working days against incoming remittances. The move is designed to reduce currency risk, improve liquidity and encourage more overseas inflows to come through formal channels.
Pakistan’s National Price Monitoring Committee reviewed fares, essential goods and supply chains in a key Islamabad meeting, reporting transport fare declines in several cities but a mixed trend in food and fuel prices. The government also flagged sharp wholesale-retail gaps and ordered tougher action against profiteering and weak provincial enforcement.
The FBR has authorized the official use of confiscated luxury vehicles above 1800cc for anti-smuggling and enforcement work in hard-area customs formations. The move is designed to strengthen border operations, but its implementation is likely to be watched closely for transparency and accountability.
Pakistan is expected to secure $5 billion in support from Saudi Arabia and Qatar as it prepares to repay $3.5bn to the UAE and manage pressure on foreign exchange reserves. The funding could strengthen Islamabad’s position ahead of IMF-World Bank meetings and provide short-term stability for the economy.
Pakistan’s goods transporters have cut freight fares by 40 percent after a major reduction in diesel prices, turning a fuel-policy move into immediate relief for the logistics sector. The decision could help reduce transport-driven inflation if lower cargo costs are passed on through markets nationwide.
PIA has set out a long-term plan to expand its fleet to 60 aircraft as part of a broader revival effort, with several grounded planes currently being restored for service. The proposal is being presented as both an aviation turnaround and a sign of wider economic confidence in Pakistan.
Pakistan has launched a nationwide crackdown on LPG overpricing, directing OGRA and FIA teams to enforce official April rates and take action against violators. The move aims to improve supply transparency, protect consumers and curb profiteering in a fuel market already under pressure.
Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan visited Islamabad and met Prime Minister Shehbaz Sharif for talks on trade, investment and cooperation in energy, infrastructure and finance. The visit highlighted Pakistan’s effort to turn its close ties with Saudi Arabia into deeper long-term economic engagement.
Pakistan’s weekly inflation rose 1.93 percent in the latest SPI reading, marking the highest level in around 1.4 years and highlighting renewed pressure on household budgets. Rising food and energy costs remain the main drivers, with the burden spreading across all income groups.
The Asian Development Bank has raised Pakistan’s FY2026 growth forecast to 3.5pc and sees further improvement next year, citing stronger manufacturing, investment and macroeconomic stability. It also warned that Middle East tensions, energy prices and inflation remain major risks to the recovery.
Sindh has ordered early closure timings for markets, restaurants and wedding venues as part of an energy-saving response to Pakistan’s fuel crisis. The restrictions, which took effect immediately, are aimed at conserving resources while cushioning the wider economic fallout from rising oil prices.
