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Pakistan has assured the IMF that it will publish senior civil servants’ asset declarations, digitise the filing process and reform NAB’s leadership structure under a wider anti-corruption agenda. The commitments are tied to Pakistan’s IMF programme and will be judged by whether the government can turn written promises into enforceable institutional change.
Pakistan is preparing a digital petrol quota system for private vehicles as part of contingency planning over possible fuel disruptions and rising energy stress. The proposal includes app-based monitoring and pump-level digital enforcement, with final approval now pending before the federal government.
A new Competition Commission of Pakistan report says electricity prices in Pakistan have jumped 155% over the past three years, intensifying pressure on households and businesses and accelerating the shift toward solar power. The report warns of undocumented solar growth and poor-quality equipment while urging grid upgrades, smart metering and faster market reforms.
Pakistan’s benchmark KSE-100 Index slid more than 2,600 points in intra-day trade as investors reacted to Gulf tensions, higher oil prices and renewed worries over Pakistan’s economic exposure. The broad-based sell-off hit banks, energy and industrial shares, turning Monday’s session into one of the clearest market stress signals of the day.
IMF wants Pakistan to quickly unwind fuel price distortions even as the government keeps a Rs152 billion relief cap in place. The dispute now centres on diesel pricing, provincial subsidy support, fuel stocks and the broader risks this creates for reserves and next year’s budget planning.
Prime Minister Shehbaz Sharif reviewed Pakistan’s fuel subsidy programme and said the government would continue relief measures to protect citizens from rising transport and energy costs. The package includes support for buses, wagons, trucks and delivery vehicles, alongside digital disbursement and related tax relief steps.
Prime Minister Shehbaz Sharif says relief payments for transport and freight operators have started through digital wallets as Pakistan tries to contain the fallout of surging fuel prices. The government is pairing the rollout with assurances that petroleum reserves remain sufficient and aid to vulnerable groups will be prioritised.
Pakistan is expected to face a wider external financing gap after deciding to repay $2 billion in UAE deposits this month along with interest. The move comes as the government works within IMF-linked reserve targets and searches for ways to manage growing external pressure.
Punjab has announced targeted relief for wheat growers owning up to 25 acres and for registered motorcycle users amid the fuel-price surge. The package includes diesel support for farmers, waived bike fees and monthly petrol-linked subsidy for bikers.
The federal government has reduced petrol to Rs378 per litre for one month after Prime Minister Shehbaz Sharif cut the levy in response to public backlash. The move is part of a wider relief package aimed at limiting the inflationary fallout from the regional energy crisis.
Prime Minister Shehbaz Sharif cut the petrol price to Rs378 per litre for one month by slashing the petroleum levy after a record increase sparked strong public reaction. The move is aimed at easing inflationary pressure as Pakistan faces fuel market turbulence linked to Middle East tensions.
Pakistan’s bid to ease pressure on consumers by adjusting petroleum levies has run into resistance from the IMF, despite the government’s warning that a full price pass-through would fuel inflation. Islamabad is now trying to reopen talks while balancing fiscal discipline against mounting public hardship.
