ISLAMABAD: Pakistan has placed an order for 200,000 metric tonnes of sugar from the international market to stabilize domestic prices and ease a deepening crisis fueled by shortages and soaring costs, government said on Saturday.
Commodities
Pakistan inflation jumps to 4.1 percent in July, outpacing forecasts
KARACHI: Pakistan’s consumer inflation surged to 4.1% in July 2025 from a year earlier, accelerating from 3.2% in June and topping expectations, as rising costs for food, fuel, and medicines added pressure on households, the Pakistan Bureau of Statistics (PBS) reported on Friday.
US slashes Pakistan’s tariff to 19 percent in Trump trade shake-up
KARACHI: Pakistan has emerged as a rare winner in President Donald Trump’s sweeping overhaul of US trade policy, securing a tariff reduction from 29% to 19% on Friday, the lowest rate for any South Asian country after Afghanistan.
Pakistan battles sugar crisis amid surplus claims and market manipulation
ISLAMABAD: Pakistan’s state trading agency is evaluating offers to supply 100,000 metric tons of sugar, with the lowest bid at $539 per ton, even as the government insists on surplus stocks and cracks down on market manipulation amid a recurring sugar crisis.
UPDATE-Trump seals US-Pakistan trade deal, hits India with 25 percent import tariff
KARACHI: President Donald Trump said on Wednesday his administration has struck a trade deal with Pakistan to develop the South Asian nation’s oil reserves, while simultaneously imposing a 25% tariff on Indian imports, escalating tensions with New Delhi over trade imbalances and its energy ties with Russia.
Trump seals US–Pakistan trade deal, hits India with 25 percent import tariff
KARACHI: President Donald Trump said on Wednesday his administration has struck a trade deal with Pakistan to develop the South Asian nation’s oil reserves, while simultaneously imposing a 25% tariff on Indian imports, escalating tensions with New Delhi over trade imbalances and its energy ties with Russia.
SBP holds key rate at 11 percent, prioritising rupee stability over easing
KARACHI: Pakistan’s central bank kept its benchmark interest rate steady at 11% on Wednesday, opting to safeguard the rupee’s stability despite inflation trending below its target range and widespread expectations of a cut.
Sugar mills reap Rs300 billion amid price surge, raising outrage over transparency, political ties
ISLAMABAD: Pakistan’s sugar mills have amassed Rs300 billion in profits as sugar prices surge, according to the Auditor General of Pakistan, who testified before the Public Accounts Committee (PAC) on Tuesday.
Govt to deploy officials at sugar mills to enforce price cap amid supply crunch
ISLAMABAD: The government has ordered officials to be stationed at all sugar mills to monitor stock levels and enforce a price cap agreement, as retail sugar prices climb to around Rs200 per kilogramme amid reports of non-compliance and supply disruptions.
Thousands evacuated as rivers Indus and Chenab overflow, destroying homes and crops
ISLAMABAD: Floodwaters from the Indus and Chenab rivers have submerged over a dozen villages across several districts in Pakistan’s Punjab province, forcing thousands of residents to evacuate to safer ground.