TOP STORIES
- PM Shehbaz reaffirms Pakistan’s commitment to IMF reform programme
Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s resolve to implement IMF-backed reforms as the country moves from macroeconomic stabilisation towards recovery. - ADB maintains Pakistan’s FY2027 growth forecast at 3.7%
The Asian Development Bank expects Pakistan’s economy to grow 3.7% in FY2027, while inflation is projected to rise to 8.3% amid higher energy costs and external risks. - Shehbaz reaffirms Pakistan’s solidarity with Saudi Arabia on National Day
Prime Minister Shehbaz Sharif has reiterated Pakistan’s support for Saudi Arabia’s sovereignty and security, while condemning recent attacks against the Kingdom. - Senate body reviews alleged $1bn annual tax loss in tobacco sector
Senate panel examines alleged tax evasion, illicit tobacco manufacturing and cigarette theft while seeking fresh FBR and FIA reports.
FINANCE
- Aurangzeb highlights digital transformation at DCO dialogue
Pakistan’s finance minister stresses digital infrastructure, skills development, cashless payments and regulated virtual assets to support sustainable growth. - ADB maintains Pakistan’s FY2027 growth forecast at 3.7%The Asian Development Bank expects Pakistan’s economy to grow 3.7% in FY2027, while inflation is projected to rise to 8.3% amid higher energy costs and external risks.
- MoF rejects claims of Finance Division control over Pakistan’s IMF programme
The Finance Ministry says Pakistan’s IMF programme involves multiple federal and provincial institutions, not the Finance Division alone. - Finance Minister highlights energy security at WEF Dialogue
Muhammad Aurangzeb says Pakistan’s solar expansion can help reduce reliance on imported fuels and strengthen economic resilience.
NATIONAL
- Pakistan slashes petrol by Rs1.93 and HSD by Rs4.21 under daily pricing system
Petrol will cost Rs390.12 per litre and high-speed diesel Rs414.75 from September 24 under the government’s new daily fuel pricing mechanism. - Pakistan cuts petrol price by Rs1.70, HSD by Rs3.12 per litre
Pakistan has reduced petrol and high-speed diesel prices under its new daily fuel pricing mechanism, effective from September 23. - NEPRA sets September 29 hearing for August 2026 power FCA
NEPRA will hold a September 29 public hearing on CPPA-G’s request for a Rs1.7267 per unit fuel charges adjustment for August 2026. - Government raises petrol price by Rs4.61, cuts HSD by Rs1.96 for September 22
Petrol rises to Rs393.75 per litre while HSD falls to Rs422.80 as Pakistan implements its new daily petroleum pricing mechanism.
TAXATION
- FBR explains asset cost rules under Section 76 for Tax Year 2027
The FBR has outlined how the tax cost of assets is determined, covering purchases, business use, inheritance, foreign currency loans and partial disposals. - FBR sets banking channel thresholds for property purchases in Tax Year 2027
Property purchases above Rs5 million and other assets exceeding Rs1 million must be paid for through prescribed banking or digital channels. - FBR explains disposal and acquisition of assets under Section 75 for Tax Year 2027
The FBR has outlined when assets are considered disposed of or acquired, including transfers, inheritance and changes between personal and business use. - FBR seeks records for promotion of BS-14 and BS-15 staff to office superintendent
The Federal Board of Revenue has asked field formations to submit complete promotion records by October 30, 2026, for consideration by the Departmental Promotion Committee.
MONEY & BANKING
- SECP approves Shaamilkar app for Shariah-compliant SME financing
The digital platform will provide eligible small businesses with Shariah-compliant financing of up to Rs3 million. - FCC dismisses NBP appeal, pensioners entitled to government pension increases
The Federal Constitutional Court’s decision could have financial implications for NBP, although the final impact will depend on the detailed judgment. - SBP clarifies Rs10 banknote discontinuation reports
State Bank of Pakistan says social media reports about the withdrawal and exchange deadline of the Rs10 note are baseless. - Pakistan’s foreign reserves jump to $26.79 billion as Eurobond funds arrive
SBP reserves climb by $3.06 billion in one week, while commercial banks also report a modest increase in their foreign currency holdings.
TRADE AND INDUSTRY
- SECP highlights corporatisation and REIT opportunities for ABAD membersThe SECP has briefed ABAD members on corporate reforms, digital incorporation and opportunities to establish Real Estate Investment Trusts.
- Senate panel orders Pakistan Steel Mills to submit 2025-26 audit report within one week
A Senate sub-committee has ordered Pakistan Steel Mills to submit its 2025-26 audit report within one week amid security and theft concerns. - CCP fines 3M Pakistan Rs10 million over misleading Scotch-Brite comparison
Competition Commission says 3M failed to substantiate a comparison between Scotch-Brite and Colgate-Palmolive’s Max Scrub. - Pakistan’s food exports rise 7.67% to $833 million in two months
Rice shipments lead growth as Basmati exports surge more than 53%, while food imports also record a modest increase.
AUTOMOTIVE
- Stonic Turbo S vs Turbo X: Key differences for Pakistani buyers
Kia’s new Stonic facelift brings two turbo variants with identical engines but notable differences in equipment, styling and practicality. - UAF, Nestlé Pakistan sign LoI to upgrade food learning centre
The upgraded facility at NIFSAT will promote industry-focused learning, research, internships and training in food safety, sustainability and emerging technologies. - MG Pakistan starts deliveries of new ZS SUV as vehicles dispatched to dealerships
The All-New MG ZS has rolled out from the MG Motors plant and is now being transported to dealerships across Pakistan. - Pakistan targets $100 billion exports as government prepares new auto policy
Ahsan Iqbal says rising global petroleum prices are affecting Pakistan, while IT exports, remittances and FBR revenues show growth.
IT & TELECOM
- Samsung Galaxy S27 Ultra may get LPDDR6 and UFS 5.1
New reports suggest Samsung could reserve next-generation memory and storage standards for higher-end Galaxy S27 models. - Google Book launches as premium laptop line with Gemini AI
Google’s new premium laptop range brings Gemini into the operating system, deeper Android integration and a redesigned Material 3 Expressive interface. - Oppo Find X10 Pro Max launches with three 200MP cameras
Oppo’s latest flagship combines the Dimensity 9600 Pro chipset with an 8,000mAh battery, 144Hz AMOLED display and triple 200MP rear cameras. - iPhone 18 Pro face ID bug reportedly causes random reboots
Some iPhone 18 Pro users are reportedly experiencing freezes and unexpected reboots after failed Face ID attempts on iOS 27.