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The government is exploring budget reallocations and possible IMF flexibility on fuel taxes to manage any fresh oil price surge. The aim is to reduce pressure on consumers and contain inflation risks.
Pakistan has begun a major spectrum auction aimed at paving the way for 5G services. Officials say the process should improve network capacity, support wider coverage and generate significant revenue.
Karachi police have issued a route and diversion plan ahead of the main Youm-e-Ali procession. Major roads, including stretches of MA Jinnah Road, will be closed, with commuters advised to use alternate routes.
The IMF has questioned how Pakistan will meet future revenue targets if it abolishes the super tax and eases salary taxation. The matter is set to feature prominently in upcoming budget negotiations.
An International Crisis Group report says Pakistan and Afghanistan should urgently return to dialogue with help from friendly states. It warns that border tensions and militancy could spiral further without diplomacy and better local coordination.
Pakistan's central bank has kept the policy rate unchanged as the oil-price spike threatens to complicate the inflation outlook. The move signals a more cautious stance despite earlier progress on disinflation.
Punjab has ordered a temporary closure of educational institutions while keeping exams on track through alternate arrangements. The province is also cutting fuel allowances and limiting official activity to conserve energy.
Pakistan has rolled out a nationwide austerity package to reduce fuel use and contain public-sector spending. The measures include work-from-home rules, fewer official vehicles on roads, salary cuts for top officeholders and temporary school closures.
Khyber Pakhtunkhwa has adopted a remote-governance model to lower fuel demand during the ongoing energy shock. Virtual meetings and reduced office attendance will stay in place for two months, subject to review.
The federal government is preparing a leasing policy to make 5G smartphones available on easy monthly installments after the upcoming spectrum auction. Officials say affordable devices are essential for broader digital adoption and 5G uptake in Pakistan.
The SBP has kept the benchmark interest rate unchanged at 10.5 percent, citing elevated uncertainty from regional conflict but manageable macroeconomic conditions. The central bank said inflation risks have increased, though its broader FY26 outlook remains within earlier projections.
Pakistan's rupee continued its upward run against the US dollar, closing stronger for the 115th consecutive session. The currency also gained against most major peers despite ongoing global market stress.
