*📢 NEWS UPDATE | Thursday, June 19, 2025* *Key Economic & Financial Developments:* 🔹 Govt Raises Rs1.2trn via Bond Auction – The Ministry of Finance conducted a major government bond auction, raising over Rs1.2 trillion. (Neutral) 🔗 Read more 🔹 National Tariff Policy 2025–30 Unveiled – The government launched a new policy aimed at enhancing industrial competitiveness. (Neutral) 🔗 Read more 🔹 ADB Signs $1bn Multi-Tranche Facility with Pakistan – A significant boost for development financing. (Positive) 🔗 Read more 🔹 PM: IMF Agrees to Exempt Agriculture from Tax – Positive development for the rural economy. (Positive) 🔗 Read more 🔹 Net Govt Borrowing Hits Rs2.54tr by June 6 – Fiscal pressures continue despite inflows. (Neutral) 🔗 Read more 🔹 SBP Raises Rs916bn via 22-Day T-Bills – Continued reliance on short-term borrowing. (Neutral) 🔗 Read more 🔹 Energy Sector Debt Plan Approved by Cabinet – A step toward stabilizing circular debt. (Positive) 🔗 Read more 🔹 GST on Solar Panel Imports Reduced to 10% – May boost renewable energy adoption. (Neutral) 🔗 Read more 🔹 $3bn Reko Diq Financing Secured via IFC & IDA – Progress on key mining project. (Positive) 🔗 Read more 🔹 LPG Shortage Expected Amid Iran-Israel Tensions – Supply disruptions likely; price hike expected. (Negative) 🔗 Read more 🔹 Govt Withdraws 18% Sales Tax Proposal on Hybrid Cars – Relief for consumers and automakers. (Positive) 🔗 Read more 🔹 Auto Financing Climbs to Rs271bn in May – Indicates a rebound in consumer sentiment. (Positive) 🔗 Read more 🔹 Textile Hub B.V (Interloop) Acquires Bonnie Doon – Expansion move in European market. (Positive) 🔗 Read more 🔹 Rs1.275tr Loan Finalized with Banks – Domestic financing remains strong. (Positive) 🔗 Read more 🔹 YBG & Arif Habib Group May Bid for PIA Stake – Privatization efforts continue. (Neutral) 🔗 Read more 🔹 FBR Targets Rs65bn from E-Commerce Taxation – Broadening tax base. (Neutral) 🔗 Read more ⸻ *🌍 Global Market Snapshot* 📉 Markets Down: Stocks declined on Fed’s rate warning and Middle East tensions. 🔗 Markets Wrap – Bloomberg 🛢️ Oil Dips Slightly: Traders await clarity on Trump’s Iran conflict stance. 🔗 Oil Update – Bloomberg ⸻ *🔢 Key Prices & Indicators* • WTI (Nymex): $75.33 • Brent (ICE): $76.87 • Arab Light: $74.98 • RB Coal: $91.60/ton • USD/PKR (Interbank): 283.55 • USD/PKR (Open Market): 285.58