Clear reporting and analysis on Pakistan’s economy, policy, trade, and growth.
Oil prices climbed on Wednesday, positioning the market for significant monthly gains despite a recovery in Middle East crude supplies. The expiring November Brent contract rose 57 cents to $103.16 a barrel, while the…
Effective September 30, the federal government has announced a fresh reduction in fuel prices, bringing relief to consumers amid a drop in global oil rates. The federal government has provided another round of relief…
The government has increased the price of petrol by Rs2.02 per litre while reducing the price of high-speed diesel (HSD) by Rs3.59 per litre, with the revised rates taking effect from September 26. Under…
Oil giant cuts receivables and finance costs as consolidated profit reaches Rs25.49bn on Rs3.42trn revenue Pakistan State Oil (PSO) posted a profit after tax of Rs15.07 billion for the financial year ended June 30,…
Arithmetic is possible. The existing economic machinery makes it difficult. Pakistan’s real test is whether it can transform productivity, exports, human capital and governance before 2035. A trillion dollars is an attractive number. It…
