News Highlights Monday, May 26, 2025

Pakistan gets over $16bn in rollovers, new loans – Positive
https://www.dawn.com/news/1912993/pakistan-gets-over-16bn-in-rollovers-new-loans

World Bank study finds GST largest driver of poverty increase in Pakistan – Neutral
https://profit.pakistantoday.com.pk/2025/05/25/world-bank-study-finds-gst-largest-driver-of-poverty-increase-in-pakistan

FBR to levy 18pc ST in erstwhile tribal areas – Neutral
https://www.brecorder.com/news/40364686/fbr-to-levy-18pc-st-in-erstwhile-tribal-areas

No agreement yet on FY26 budget as IMF wraps up Pakistan visit – Negative
https://www.thenews.com.pk/latest/1314794-pakistan-imf-still-negotiating-fy26

Budget 2025-26 postponed to June 10 amid IMF negotiations – Neutral
https://www.thenews.com.pk/latest/1314536-budget-2025-26-postponed-to-june-10-amid-imf-negotiations

Govt expected to unveil Rs 16.9 tr FY26 budget, marking 11% cut in outlay – Neutral
https://profit.pakistantoday.com.pk/2025/05/24/govt-expected-to-unveil-rs-16-9-tr-fy26-budget-marking-11-cut-in-outlay/

Budget delayed as govt eyes higher levy, bigger PSDP – Neutral
https://profit.pakistantoday.com.pk/2025/05/24/budget-delayed-as-govt-eyes-higher-levy-bigger-psdp/

Budget 2025-26: Traders for elimination of double taxation, cut in ST rate on services – Neutral
https://www.brecorder.com/news/40364658/budget-2025-26-traders-for-elimination-of-double-taxation-cut-in-st-rate-on-services

FY26 budget may envisage Rs1.079trn power subsidy – Neutral
https://epaper.brecorder.com/2025/05/26/1-page/1051246-news.html

IHC allows MARI to recover tax by disposing withheld bonus shares – Neutral
https://mettisglobal.news/ihc-allows-mari-to-recover-tax-by-disposing-withheld-bonus-shares/

Ogra allows import of two HSD cargoes by PSO, rejects GO’s request amid declining demand – Positive
https://profit.pakistantoday.com.pk/2025/05/24/ogra-allows-import-of-two-hsd-cargoes-by-pso-rejects-gos-request-amid-declining-demand/

National Assembly passes IMF-backed captive power levy bill ahead of budget – Neutral
https://profit.pakistantoday.com.pk/2025/05/24/national-assembly-passes-imf-backed-captive-power-levy-bill-ahead-of-budget/

IMF delays approval of circular debt retirement plan for Pakistan’s petroleum sector – Neutral
https://profit.pakistantoday.com.pk/2025/05/24/imf-delays-approval-of-circular-debt-retirement-plan-for-pakistans-petroleum-sector/

NEPRA approves KE’s multi-year tariff regime – Positive
https://mettisglobal.news/nepra-approves-kes-multi-year-tariff-regime/

Nepra sets EV charging tariff at Rs23.57 per unit plus market margin – Neutral
https://profit.pakistantoday.com.pk/2025/05/25/nepra-sets-ev-charging-tariff-at-rs23-57-per-unit-plus-market-margin

Nepra warns reduced hydel generation will affect proposed tariff adjustments for FY 2025-26 – Neutral
https://profit.pakistantoday.com.pk/2025/05/24/nepra-warns-reduced-hydel-generation-will-affect-proposed-tariff-adjustments-for-fy-2025-26/

Govt working to resolve auto parts industry challenges – Positive
https://profit.pakistantoday.com.pk/2025/05/25/govt-working-to-resolve-auto-parts-industry-challenges/

Engro Corporation, Jazz in partnership – Positive
https://www.dawn.com/news/1913000/engro-corporation-jazz-in-partnership

Govt debt from commercial banks climbs to Rs2.7 trillion – Negative
https://profit.pakistantoday.com.pk/2025/05/25/govt-debt-from-commercial-banks-climbs-to-rs2-7-trillion

Govt vows regulatory support as tobacco exports surge – Neutral
https://www.dawn.com/news/1912997/govt-vows-regulatory-support-as-tobacco-exports-surge

Asian Shares, US Futures Rise on EU Tariff Delay: Markets Wrap
https://www.bloomberg.com/news/articles/2025-05-25/us-equity-futures-gain-as-europe-deadline-extended-markets-wrap

Oil climbs after Trump extends EU trade talks deadline to July
https://www.investing.com/news/commodities-news/oil-climbs-after-trump-extends-eu-trade-talks-deadline-to-july-4063317

WTI (Nymex): 61.53 USD/bbl
BRENT (ICE): 64.78 USD/bbl
ARAB LIGHT: 63.88 USD/bbl
R BAY COAL: 88.40 USD/TON
USDPKR (INTER-BANK): 281.97
USDPKR (OPEN-MKT.): 284.15