National Assembly passes federal budget for next fiscal year
The National Assembly has passed the federal budget for the next fiscal year, with a total outlay of 18,771 billion rupees, focusing on accelerating economic growth and tax relief. A motion to this effect was moved by Minister for Finance Muhammad Aurangzeb. The House passed the Finance Bill, 2026 with certain…
Pakistan’s textile sector, industrial activity showing improvement
Pakistan’s textile sector and industrial activity are showing improvement with the support of Special Investment Facilitation Council (SIFC). During the first eleven months of the current fiscal year, textile exports rose by 1.83 percent, reaching 16.67 billion dollars. Knitwear exports stood at 4.60 billion dollars, while exports of ready-made garments reached…
Sonraj Launches ‘Beyond Luxury’ to Showcase the Craftsmanship, Heritage and Stories Behind the World’s Finest Brands
For generations, Pakistanis have enjoyed some of the world’s finest products and brands. Far fewer people have had the opportunity to experience the institutions, traditions, craftsmanship, and individuals behind them. Through Beyond Luxury, Sonraj invites audiences to explore that world. Over the coming months – stories, visits, and observations will be…
Federal government decides to withdraw restrictions regarding fuel conservation
The Federal government has decided to withdraw restrictions regarding fuel conservation and additional austerity measures which were implemented on 9th of March, except market timings. A notification issued by the Cabinet Division stated the Prime Minister has approved termination of all fuel conservation and additional austerity measures with immediate effect that…
Govt reduces prices of petroleum products
The government has reduced the prices of petroleum products for a week starting from today. According to a press release issued by the Ministry of Energy, the price of petrol has been reduced by 74.28 rupees per litre. The new price of petrol is 299.50 rupees per litre. The price of…
Federal budget aims for export-led, inclusive economic growth: Aurangzeb
Finance Minister Muhammad Aurangzeb has stated that the Federal Budget 2026–27 is aimed at achieving export-led, sustainable and inclusive economic growth. Winding up discussion on the budget for the next fiscal year in the National Assembly today, he said this will boost productivity and generate employment opportunities for the people. The…
