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IMF Projects Pakistan’s External Debt to Reach $126.7 Billion by 2025-26
ISLAMABAD: The International Monetary Fund (IMF) has projected that Pakistan’s external debt will rise to $126.731 billion in 2025-26, up from an estimated $123.338 billion…
New Property Tax System for All Provinces in FY2025-26
All four provincial governments in Pakistan are preparing to roll out a new, IMF-supported property tax system as part of the fiscal year 2025-26 budget.…
IMF Lowers Pakistan’s Growth Forecast to 2.6%
ISLAMABAD: The International Monetary Fund (IMF) has adjusted Pakistan’s GDP growth forecast for the fiscal year 2024–25, bringing it down to 2.6% from its previous…
FBR Imposes 10% Processing Fee On Afghan Goods
Islamabad; The Federal Board of Revenue (FBR) in Pakistan has recently imposed a 10 percent processing fee on Afghan transit goods. This new levy, effective…
Govt to Raise Rs700bn via New Taxes in 2025–26 Budget
As Pakistan prepares for the 2025–26 federal budget, the government is under mounting pressure from the International Monetary Fund (IMF) to introduce stringent tax measures…
Pakistani Govt Plans to Increase Capital Gains Tax on Property
The Pakistani government is considering a significant increase in the Capital Gains Tax (CGT) on real estate transactions, raising the rate from 15% to 35%…
Custom Duty Capped at 15%, PM Confirms
ISLAMABAD: In a key step toward economic restructuring, Prime Minister Shehbaz Sharif has confirmed that custom duty is capped at 15% as part of newly…
Pakistan-US Zero-Tariff Trade Deal Proposed to Trump
ISLAMABAD: The federal government has proposed a Pakistan-US zero-tariff trade deal aimed at boosting bilateral trade across various sectors, following President Donald Trump’s positive remarks…
Pakistan’s Manufacturing sector struggles as LSM Dips 1.47% (July–March FY25)Y25
ISLAMABAD: Pakistan’s Large Scale Manufacturing (LSM) sector posted a contraction of 1.47% during the July–March period of the fiscal year 2024–25, compared to the same…
India Cancels Turkiye, Azerbaijan Travel Ties Over Pakistan Conflict Escalation
Recent geopolitical tensions between India and Pakistan have had an unexpected impact on the travel patterns of Indian tourists. The conflict escalated after a deadly…
Fuel relief Unlikely as Government Considers Another Petrol Price Increase
ISLAMABAD: For the third time in two months, the government is weighing a new petrol price hike proposal, potentially denying consumers much-anticipated relief in the…
Russia, Pakistan join hands to collaborate on new Steel Mill In Karachi
ISLAMABAD: In a significant development, Mr. Denis Nazaroof, a representative from Russia, held an important meeting with Mr. Haroon Akhtar Khan, Special Assistant to the…
