A few years ago, the automotive industry in Pakistan faced a double blow—declining sales and limited financing options. While car sales have since recovered, the auto loan market has not followed suit. For over two years now, the financing sector has witnessed new lows each month. According to the latest data from the State Bank […]
Earlier today, we reported that the federal government is gearing up to raise petrol price in Pakistan by Rs. 7.67 per liter for the next 15 days. The Ministry of Finance consulted with Prime Minister Shahbaz Sharif, and the result is here. The government has increased the price of petrol by Rs. 9.99 per liter, […]
It’s not been a week since petrol prices went down, and we are here again with an exciting update. As per the media reports, the prices of petroleum products are anticipated to go down by a massive Rs. 12 per litre from June 15 for the next fortnight. It is related to mention that it […]
In a move that seems as rare as a solar eclipse, the government of Pakistan might have come up with a new idea: imposing a carbon tax on petrol. As per the reports, the move is a simple an attempt to address several long-standing issues, including meeting the demands of the International Monetary Fund (IMF) […]
