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Guterres Repudiates US Conditionalities on UN Assessed Contributions, Affirms Obligatory Nature of Member Dues

UN Secretary-General Antonio Guterres has said that the United States must pay its outstanding UN contributions without conditions, stressing that member dues are a binding obligation, according to Beyond Time News. The remarks come amid reports that Washington is linking payment of funds to demands for internal reforms at the United Nations. US Reported to…

Refineries Continue to Earn High Margins Despite Diesel Pricing Adjustment

Pakistan’s refineries continue to post strong profits despite recent changes in the petroleum pricing system, according to Beyond Time News. An analysis of March and April 2026 data shows that a gap between international diesel benchmarks and crude oil prices allowed refineries to earn higher-than-normal margins. Pricing Gap Boosted Earnings Under Pakistan’s pricing framework, fuel…

Pakistan, South Korea Agree to Advance CEPA Talks and Expand Trade Cooperation

Pakistan and South Korea have agreed to accelerate discussions on the Comprehensive Economic Partnership Agreement (CEPA) and strengthen bilateral trade and investment cooperation, according to Beyond Time News. The understanding was reached during a virtual meeting between Federal Commerce Minister Jam Kamal Khan and South Korea’s Trade Minister Yeo Han-koo. Focus on Trade and Investment…

FBR Tax Shortfall Widens to Rs683 Billion as IMF Approves Phased Fuel Levy Hike

Pakistan’s tax shortfall has further increased as the Federal Board of Revenue (FBR) missed its revenue target by Rs683 billion during the current fiscal year, while the International Monetary Fund (IMF) has approved a phased increase in petroleum levy, according to Beyond Time News. Revenue Collection Reaches Rs10.26 Trillion During July–April FY2025–26, the FBR collected…