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Russia has approved potato imports from Punjab, giving Pakistan a valuable new export opening just as the country prepares for a bumper crop. The move could ease pressure on domestic prices, support growers and create a wider push for agricultural export growth if initial shipments succeed.
Transparency International Pakistan has urged the government to recover long-disputed PTCL sale dues from Etisalat, saying the original $800 million issue has grown far more serious after years of delay. The demand has gained fresh relevance as Pakistan faces pressure over external debt and broader questions about economic accountability.
Pakistan has advanced a request for a $1 billion Asian Development Bank loan aimed at improving climate-disaster preparedness, with $500 million expected after approval and another $500 million reserved as contingency support. The move is significant because it could strengthen disaster response while also easing pressure on reserves during a period of heavy external repayments.
Nepra has approved a Rs1.42 per unit fuel cost adjustment that will raise electricity bills in April and add an estimated Rs10.57 billion burden on consumers. The increase applies broadly across Pakistan, with limited exemptions for lifeline users, EV charging stations and certain prepaid consumers.
IMF will send a mission to Pakistan next month to help finalise the 2026-27 budget, with a proposed FBR revenue target of Rs15.564 trillion. The coming talks are expected to shape tax relief, withholding tax changes and the overall direction of Pakistan’s economic policy.
Rising petrol costs and fears of supply disruption are pushing more Pakistanis toward electric bikes and scooters. The trend is being reinforced by subsidies, financing support and the promise of lower running costs in a fuel-stressed economy.
Pakistan has removed the acting OGRA chairman after criticism over fuel pricing, stock visibility and slow supply-chain automation, appointing Nabeel Ahmed Awan on an interim basis. The move reflects growing pressure on the government to tighten energy-sector oversight as petroleum costs and market transparency remain major public concerns.
Pakistan is reviewing a possible reduction of Rs. 30 to Rs. 60 per litre in petrol prices after a sharp drop in global oil markets. The move, could provide broad relief to consumers, transporters and inflation-hit sectors if the government approves the adjustment after its ongoing review.
Gold in Pakistan jumped by Rs. 15,700 per tola to Rs. 504,162 on April 8, while 10 grams rose to Rs. 432,237 as international bullion rallied sharply. The move pushed local prices above the Rs. 500,000 mark despite easing immediate Gulf war fears, highlighting persistent investor demand for safe-haven assets.
Pakistan Stock Exchange’s KSE-100 index jumped 12,362.38 points, or 8.15 per cent, in intraday trade on April 8 after news of a US-Iran ceasefire improved investor sentiment. The move triggered a temporary trading halt and set a new record for the largest single-day gain in absolute terms in PSX history.
Prime Minister Shehbaz Sharif has ruled out a mini-budget and any fresh surprise taxes before Pakistan’s FY27 federal budget, offering short-term relief to consumers and businesses under inflation pressure. The focus now shifts to the June budget, where the government will have to balance revenue needs with public and market expectations.
A NewsNexus24 report sourced from Reuters says rising fuel costs and fears of petrol shortages are accelerating demand for electric motorbikes across Pakistan. The shift is being driven by household pressure, government incentives and the country’s growing solar base, though affordability and weak service networks remain major hurdles.
