KARACHI: Pakistan’s macroeconomic stability strengthened in the first half of fiscal 2026 despite floods at home and uncertainty over global trade even as the State Bank of Pakistan warned Tuesday that the war in the Middle East now threatens to derail the recovery.
Independent Pakistan – I know what I believe I know
Latest News
Blast kills 7, including 2 police officers, in market explosion in northwestern Khyber Pakhtunkhwa
LAKKI MARWAT: At least seven people, including two traffic police officers, were killed and 23 others wounded Tuesday when a powerful explosion tore through a busy market square in Pakistan’s restive Khyber Pakhtunkhwa province, authorities said.
Pakistan to tackle refinery policy roadblocks in 2026-27 budget as US-Iran conflict spurs fresh push for $6 billion in upgrades
ISLAMABAD: The government is preparing corrective steps in the upcoming fiscal budget to breathe life into a petroleum refining policy that has languished for nearly three years, after negotiations with the International Monetary Fund effectively blocked its implementation, Dawn newspaper reported on Tuesday.
Pakistan fuel prices post world’s second-steepest surge since Iran war, data show
ISLAMABAD: Pakistan has recorded the world’s second-largest increase in domestic fuel prices since the outbreak of the US-Israeli war on Iran, according to global price-tracking data compiled by the country’s energy ministry.
Pakistan to vaccinate 19 million children against polio in nationwide drive after new cases
ISLAMABAD: The health authorities will begin a week-long door-to-door polio vaccination campaign from Sunday, targeting nearly 19 million children across 79 districts, officials said on Tuesday, in the latest push to eradicate a disease that remains endemic only in Pakistan and neighbouring Afghanistan.
Pakistan rejects CBS News report alleging it sheltered Iranian military aircraft during fragile US-Iran ceasefire
ISLAMABAD: The Foreign Office on Tuesday categorically rejected a CBS News report that accused Islamabad of quietly permitting Iranian military aircraft to park at one of its air bases while positioning itself as a mediator in the US-Iran conflict, dismissing the account as “misleading and sensationalised.”
CM Bugti says plot to force girl into Islamabad suicide attack was foiled by intelligence agencies
QUETTA: Balochistan Chief Minister Sarfraz Bugti said on Monday that the intelligence agencies had thwarted a plot to force a girl into carrying out a suicide bombing in the capital, Islamabad, an operation he described as a particularly egregious case of terrorists exploiting Baloch women and girls through blackmail and threats.
Pakistan receives Qatari LNG cargo as second vessel heads through Hormuz amid US-Iran tensions
ISLAMABAD: Pakistan has taken delivery of one liquefied natural gas cargo from Qatar, while a second tanker is en route through the Strait of Hormuz, officials said on Monday, marking a tentative resumption of supplies after weeks of disruption caused by the ongoing conflict between the US and Iran.
Pakistan extends fuel-saving austerity measures to mid-June as oil crisis from Middle East war persists
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday ordered an extension of Pakistan’s stringent nationwide austerity program until June 13, prolonging a series of fuel-conservation and spending cuts imposed in March to shield the import-dependent economy from the fallout of soaring global oil prices.
Pakistan warns Afghanistan of ‘decisive’ response after suicide bombing kills 15 police officers in northwest
ISLAMABAD: Pakistan’s Foreign Office summoned Afghanistan’s chargé d’affaires on Monday and delivered a strong diplomatic protest over a suicide bombing that killed 15 police officers in the northwestern district of Bannu, accusing Afghan-based terrorists of masterminding the assault and reserving the right to retaliate.
