Govt Secures $2.5 Billion in Foreign Aid Commitments for Pakistan
ISLAMABAD: Pakistan secured foreign aid commitments worth $2.5 billion from development partners during the first half (July–December) of the current fiscal year 2024–25, according to…
Engro Polymer Seeks Regulatory Duty on PVC Imports
ISLAMABAD: Engro Polymer & Chemicals Limited has urged the federal government to impose a regulatory duty on PVC imports ranging from 5 to 10 percent,…
ADB Board Approves Loan for Pakistan Despite Indian Outcry
The Asian Development Bank (ADB) has officially approved an $800 million financing package for Pakistan, despite vocal opposition from India. The ADB loan for Pakistan…
Govt Secures Tax Relief for Salaried Class in IMF Budget Talks
ISLAMABAD: The federal government has reportedly secured income tax relief for the salaried class during ongoing budget negotiations with the International Monetary Fund (IMF), marking…
Pakistan Crypto Council Sets Up Committee for Digital Asset Regulations
The Pakistan Crypto Council (PCC) convened a high-level meeting at the Finance Division, chaired by Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue.…
Govt Moves to Introduce Bankruptcy Law in Pakistan
In a key policy development, the government has taken steps to introduce a bankruptcy law in Pakistan, aiming to improve the investment climate and revive…
Pakistan Inflation Rate for May 2025 Exceeds Forecasts
ISLAMABAD: The Pakistan inflation rate in May 2025 climbed to 3.5% year-on-year, significantly higher than April’s 0.3% figure, according to data released by the Pakistan…
Pakistan Sets $5 Billion IT Export Target for 2025
ISLAMABAD: The government has set the Pakistan IT exports target for 2025 at $5 billion, aiming to build on the sector’s robust growth. This was…
Inflation-Adjusted Salary Hike Expected in Budget 2025-26
ISLAMABAD: An inflation-adjusted salary hike is expected in the upcoming federal budget for 2025-26 to support the salaried class amid rising inflation. Simultaneously, the government…
Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy
ISLAMABAD: The federal government is expected to unveil a dual pricing system in Budget 2025-26. The plan introduces different tax and transaction rates for cash…
Pak Govt Set to Approve Ambitious Economic Targets for FY2025-26
As Pakistan prepares to finalize its economic roadmap for the next fiscal year, the federal government is expected to approve a set of key macroeconomic…
Pakistan’s Textile Giants Warn of Export Collapse Without Budget Fixes
ISLAMABAD: Textile exporters in Pakistan have called on the federal government to reverse key budgetary policies, warning that continued disruption of supply chains could severely…
