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More than 10 million people have benefited from the fuel subsidy scheme, while 21.7 million tokens have been issued and around 19.4 million redeemed. The government says Rs75 billion has been allocated to support motorcyclists, Qingqi rickshaw users and owners of vehicles up to 800cc.
Gold prices in Pakistan rose sharply as the per-tola rate increased by Rs5,900 to reach Rs440,936. The 10-gram rate also climbed to Rs378,031, while silver gained Rs144 per tola amid strength in the precious metals market.
Pakistan has restored a direct shipping link between Karachi and major European ports, giving exporters relief from longer transit times and rising freight costs. The revived service is expected to support export-oriented sectors, especially textiles, while authorities also work on port clearance and logistics reforms.
OGRA has raised petrol by Rs2.31 per litre and high-speed diesel by 78 paisas per litre for one day, setting the new prices at Rs398.96 and Rs395.72 per litre respectively. The report also outlines the Petrol Relief Scheme registration and token process for eligible motorcycle, Cingchi rickshaw and small-car owners.
NEPRA has approved a Rs1.11 per unit fuel charges adjustment for August 2026 electricity consumption, to be recovered in October bills. The adjustment will affect most distribution company and K-Electric consumers, while lifeline, prepaid and electric vehicle charging consumers are excluded.
The Pakistan Stock Exchange reversed early gains on Thursday as the KSE-100 index dropped more than 600 points by early afternoon. Broad selling hit banks, fertiliser, automobiles, technology and power shares, while investors remained cautious over high oil prices and regional supply concerns.
Sindh Chief Minister Syed Murad Ali Shah has approved the release of government wheat at Rs12,500 per 100kg from October 15 to stabilise flour prices. The province expects total available stocks to rise to 836,414 metric tonnes after Passco and imported wheat supplies are added.
Pakistan has reached a staff-level agreement with the IMF that could unlock about $1.2 billion after Executive Board approval. The deal covers reviews under the Extended Fund Facility and Resilience and Sustainability Facility, while the lender has urged continued fiscal discipline, energy reforms and targeted support measures.
Pakistan’s stock market rebounded sharply, with the benchmark index gaining 2,593 points as hopes of a positive funding review lifted investor sentiment. Buying returned across major sectors, while analysts said the next direction will depend on financing clarity, oil prices and political stability.
Prime Minister Shehbaz Sharif has ordered authorities to prepare a winter gas load management plan as Pakistan faces pressure over LNG imports. The plan will prioritise domestic consumers for local gas while directing imported gas towards power generation and industry during the peak winter months.
Pakistan has raised petrol by Rs1.19 per litre and reduced high-speed diesel by Rs1.91 per litre for October 7 under the daily petroleum pricing mechanism. Petrol will now cost Rs394.83 per litre, while high-speed diesel has been fixed at Rs395.85 per litre as global oil volatility continues to affect domestic fuel rates.
The federal government has asked provinces to submit recommendations on wheat support price as it weighs subsidy options and consumer price impact. Punjab has proposed Rs4,200 per maund, Sindh has suggested Rs5,000, while officials say imported wheat is already reaching about Rs5,000 per maund after expenses.
