IMF
IMF Urges Pakistan to Include SPS Officials in Asset Declarations
The International Monetary Fund (IMF) has advised Pakistan to broaden its asset declaration requirements by including officials appointed on the Special Pay Scale, in addition…
IMF Offers Pakistan Technical Assistance for New NFC Award
The International Monetary Fund (IMF) has reportedly offered technical assistance to Pakistan in drafting a new National Finance Commission (NFC) Award, proposing updates to the…
Finance Division Under Fire for Missing Details on Rs3.3bn IMF Funds
The Finance Division came under scrutiny for failing to provide details of Rs3.3 billionn IMF budgetary funds, a lapse that immediately alarmed the Senate Standing…
FBR Tightens Sugar Mills Monitoring Ahead of Crushing Season
The Federal Board of Revenue (FBR) has introduced strict sugar mills monitoring measures ahead of the upcoming crushing season, making it compulsory for all mills…
Pakistan to Save $1 Billion Annually with Electric Vehicle Shift
Pakistan is set to save around $1 billion every year in oil imports under its new Electric Vehicle (EV) Policy, a major step toward economic…
Crude Oil Prices Jump 4% After US Sanctions on Russia
Global crude oil prices jumped sharply on Thursday, climbing over 4% after the United States imposed sanctions on Russian oil refineries, raising concerns over global…
FBR and IMF Agree to Cut Pakistan’s Tax Collection Target
The Federal Board of Revenue (FBR) and the International Monetary Fund (IMF) have reportedly agreed to reduce Pakistan’s tax collection target by Rs150 billion. The…
Govt Weighs Solar and Internet Taxes to Meet IMF Revenue Conditions
The government is considering new taxes on solar panels and internet services in consultation with the International Monetary Fund (IMF) to meet revenue targets if…
IMF Projects Pakistan’s Economic Growth at 3.6pc
The International Monetary Fund (IMF) has projected Pakistan’s economic growth rate at 3.6 percent for the ongoing fiscal year, even as the financial impact of…
IMF and Pakistan Seal $1.2 B Staff-Level Deal Under EFF and RSF
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement under the second review of the Extended Fund Facility (EFF) and the first…
Senate Committee Reviews Major Foreign-Funded Projects, Highlights Irregularities and Calls for Accountability
The Senate Standing Committee on Economic Affairs, chaired by Senator Saifullah Abro, has raised serious concerns over irregularities in multiple foreign-funded projects, urging strict transparency…
Pakistan’s Real Economy Could Be Close to $1 Trillion: Finance Minister
Finance Minister Senator Muhammad Aurangzeb has said that Pakistan’s real economy could be close to $1 trillion, nearly double the officially documented figure of $411…
IMF Agrees to Revise Pakistan’s Tax Collection Target for FY2025
The International Monetary Fund (IMF) has agreed in principle to reduce Pakistan’s tax collection target for the ongoing fiscal year by Rs160 billion. Under the…
