Brent crude closed at $88.10 on Friday after Iran struck Kuwait’s power and desalination plant; the MOU has not stopped the bleeding.
Qatar accounts for 90% of Pakistan’s LNG supply, but its Ras Laffan facility was caught in the crossfire, affecting Pakistan’s energy supply.
The Trump administration declined to extend USMCA on July 1, starting a decade-long countdown that could end the trade pact by 2036.
All new government loans and transactions will be contracted on a Shariah-compliant basis from January 1, 2028.
China agreed to support the Teesta project that India failed to resolve in 15 years; delivery is now what matters more than promises.
Iran completed its section over a decade ago, whereas Pakistan has not started its 80 km stretch; the Geneva MOU just removed the main obstacle.
The Rs 18.77 trillion budget brings real relief for salaried workers, the poor, and the informal sector; real context is in the numbers.
Pakistan’s budget 2026-27 froze Rs 920 billion in provincial development funds, the arrangement presented as temporary now has no fixed end date.
With Rs. 18.77 trillion in total expenditure and an ambitious FBR tax target of Rs. 15.26 trillion, Pakistan’s budget walks a fiscal tightrope.
The economy grew by 3.7%, the highest in four years, but every major target except services was missed in the outgoing fiscal year.
