Pakistan economic news Archives

SITE Industrialists Warn Fuel Price Hikes Threaten Industry, Exports and Jobs

3 weeks ago Auto, Banking, Business, China, corporate, development, Economy, Fintech, International, oil and Gas, Pakistan 0

KARACHI: Industrialists in Karachi’s SITE industrial area have warned that repeated increases in petroleum prices are putting industries under severe pressure and threatening exports, investment and employment. SITE Association of Industry (SAI) President Abdul Rehman Fudda said rising fuel prices, expensive energy and heavy taxation were increasing production costs and …

Pakistan’s Trade Deficit Jumps 25% as Rising Imports Raise Concerns

August 6, 2026 Business, Economy, International, Pakistan, Science & Technology, Tech 0

KARACHI, Aug. 6, 2026: Pakistan’s trade deficit widened by more than 25% year-on-year to US$3.95 billion in July 2026, prompting concern from United Business Group (UBG) President and former FPCCI President Zubair Tufail, who warned that the country’s growing reliance on imports continues to pressure the economy. Tufail said the …