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Pakistan slashes customs duties on industrial importsPublished on: June 13, 2026 11:00 AM

Pakistan, June 13 -- The federal government has announced significant reductions in customs duties on thousands of industrial raw materials, machinery and spare parts as part of the Budget 2026-27, ai... Read More


Government targets $42.4bn in remittancePublished on: June 13, 2026 10:45 AM

Pakistan, June 13 -- The government has set an ambitious remittance target of $42.4 billion for fiscal year 2026-27, banking on strong inflows from overseas Pakistanis to support the economy and help ... Read More


Business leaders find gaps in budget strategyPublished on: June 13, 2026 10:30 AM

Pakistan, June 13 -- Pakistan's business leaders community has offered a mixed reaction to the federal budget for FY2026-27, welcoming selected tax relief measures while criticizing the absence of a c... Read More


Rain brings relief to Lahore after dust stormPublished on: June 13, 2026 10:15 AM

Pakistan, June 13 -- A spell of rain accompanied by cooler winds brought relief to residents of Lahore after a severe dust storm swept across the city on Friday night, ending a day marked by intense h... Read More


Iran says US deal could be signed within daysPublished on: June 13, 2026 9:45 AM

Pakistan, June 13 -- Iranian Foreign Minister Abbas Araghchi has expressed optimism that a draft agreement between Iran and the United States (US) could be finalized and signed within days, marking a ... Read More


Govt unveils Rs 18.8tr federal budget, projects 4% growthPublished on: June 13, 2026 8:49 AM

Pakistan, June 13 -- Federal Minister for Finance and Revenue Muhammad Aurangzeb on Friday presented an relief-oriented federal budget for fiscal year 2026-27 in the National Assembly, with an outlay ... Read More


PM confirms 'final, agreed upon text of Iran peace deal reached'Published on: June 13, 2026 8:49 AM

Pakistan, June 13 -- Prime Minister Shehbaz Sharif said on Friday that the "final, agreed upon text" of the peace deal between the United States and Iran had been reached, adding that Pakistan was wor... Read More


Government limits development expenditure to boost defence spendingPublished on: June 13, 2026 8:47 AM

Pakistan, June 13 -- Pakistan proposed an 18.77 trillion rupees ($67.49 billion) budget on Friday, raising defence spending, limiting development expenditure and setting a steep tax target as the gove... Read More


PML-N to help PPP form GB governmentPublished on: June 13, 2026 8:47 AM

Pakistan, June 13 -- Prime Minister Shehbaz Sharif on Friday invited the Pakistan Peoples Party (PPP) to form the government in Gilgit-Baltistan, saying the ruling Pakistan Muslim League-Nawaz (PML-N)... Read More


Government cuts petrol price by Rs 4, diesel Rs 2 per litrePublished on: June 13, 2026 8:46 AM

Pakistan, June 13 -- The federal government has slashed the prices of petrol and diesel by Rs4 and Rs2 per litre, respectively, for the week ending June 19. According to a notification issued by the P... Read More