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IMF urges Pakistan to move beyond fiscal targets

ISLAMABAD: The International Monetary Fund (IMF) has called for Pakistan’s fiscal policy to go beyond achieving primary balance targets and protecting debt sustainability by reinforcing policy credibility, fostering economic recovery and creating space for public investment and social spending to support stronger long-term growth.

Draft auto policy sent to cabinet

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday approved the draft Auto Policy 2026-31, which aims to increase auto sector exports to $6 billion and boost local production, competitiveness and electric vehicle (EV) adoption.

LPG hits record Rs600 a kg amid shortages

ISLAMABAD: A serious shortfall, amid negligible supplies from Iran, has driven a record surge in liquefied petroleum gas (LPG) prices in the country’s open markets, and the situation could worsen as winter approaches.

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