Year: 2025

Pakistani Delegation in Washington to Finalize Key Trade Deal with U.S.

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usa-pak

WASHINGTON, July 1, 2025: A high-level Pakistani delegation has arrived in Washington to finalize a crucial trade agreement aimed at resetting economic ties with the United States and reducing tariffs on Pakistani exports. Led by Commerce Secretary Jawad Paal, the delegation is set to meet with U.S. Trade Representative Jamieson Greer and senior officials from the Departments of Commerce and State. The talks, ongoing for over a month, are expected to conclude this week, according to Pakistan’s Finance Ministry. The visit follows a key meeting between Finance Minister Muhammad Aurangzeb…

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Public Accounts Committee (PAC) directs K-Electric to pay Rs 700 million monthly duty collected from consumers to Sindh government

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K-Electric

The Public accounts Committee meeting, chaired by its chairman Nisar khoro & Secretary Energy Mushtaq Soomro MD water board Asad ullah khan commitee member and GM KE Saadia Dada were attendedthismeeting, PAC discussed K-Electric’s payment of Rs 32 billion to the Sindh government, pending since long. K-Electric has agreed to pay the Sindh government Rs 500-700 million monthly duty collected from consumers starting September 2024. The payment is contingent upon the settlement of K-Electric’s outstanding receivables of Rs 30.9 billion from Karachi Water and Sewerage Corporation and other Sindh government…

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Awais Leghari writes to All CMs for abolishment of Electricity Duty through electricity bills starting from July 2025.

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awais leghari

Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has written letters to all chief Ministers about the decision to discontinue the collection of Electricity Duty through electricity bills starting from July 2025. In his letters the Federal Minister sought support of all Chief Ministers in removing complexity of due to arising from multiple charges, taxes, and duties being collected through consumer bills. He said that high electricity tariffs are already a significant challenge, and the additional burden of various levies further complicates the billing structure, making it difficult…

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Latest Petrol Price in Pakistan. 1st July 2025

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Petrol-Diesel

Diesel and Petrol Price in Pakistan Today Current and Latest Petrol Price in Pakistan is Rs. 266.79/Ltr, High Speed Diesel is Rs. 272.98/Ltr and Light Speed Diesel is Rs 155.81/Ltr. Petroleum Prices in Pakistan Today Prices w.e.f 01-July-2025 Fuel Type Old Price New Price Difference Petrol (Super) PKR 258.43 PKR 266.79  8.36 High Speed Diesel PKR 262.59 PKR 272.98  10.39 Light Speed Diesel PKR 155.81 PKR 155.81  0.0 Kerosene Oil PKR 171.65 PKR 171.65  0.0

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OGRA Announces Major Gas Price Hike Effective July 1

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Gas-Tariffs

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified a substantial increase in gas tariffs for domestic, commercial, and industrial consumers, effective from July 1, 2025. The hike is expected to place additional financial strain on inflation-hit households while aiming to meet revenue targets set under Pakistan’s economic stabilisation programme. According to the notification, domestic gas tariffs have been revised by up to 50%. Protected household consumers—typically low-income users—will now pay between Rs200 and Rs350 per MMBTU, while non-protected users face sharply higher rates, ranging from Rs500 to Rs4,200…

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