Latest - June 17, 2026

Pakistan

Only half of FY26 uplift budget spent in 11 months

PSDP utilisation from July 2025 to May 2026 stands at Rs529.8bn, against Rs1.01tr allocation; govt cuts development outlay by Rs173bn to finance fuel subsidies after Mideast conflict pushed up oil prices. Published 17 Jun, 2026 07:14am
World

Iran can start selling oil once deal is signed

US officials say banking, transportation and insurance services to facilitate the sales will also resume; Switzerland to hold signing of peace accord in mountainside resort of Burgenstock. Updated 17 Jun, 2026 07:27am