Govt Secures $2.5 Billion in Foreign Aid Commitments for Pakistan

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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…

Govt Secures Tax Relief for Salaried Class in IMF Budget Talks

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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…

IMF Raises Concerns Over Pakistan’s Crypto Mining Power Allocation

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ISLAMABAD: The IMF concerns over Pakistan crypto mining plans have escalated as the lender questioned the government’s allocation of 2,000 megawatts (MW) of electricity for…

Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock

3 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…

Pakistan’s Liquid Foreign Reserves Reached US$ 16,648.5 million

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Pakistan’s liquid foreign reserves have shown a significant upward trend, reaching US$ 16,648.5 million as of May 16, 2025. This gradual increase is achieved through…

Pakistani Govt Plans to Increase Capital Gains Tax on Property

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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%…

IMF Concerned for Pakistan’s Trade Outlook Amid India Tensions

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The International Monetary Fund (IMF) has voiced concern over Pakistan’s trade outlook, warning that ongoing global tariff wars and rising tensions with India could impact…

Government Executes Rs105 Billion Deal to Swap Ownership in PSPC for Full Control of ZTBL

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ISLAMABAD: The Pakistani government has approved a significant Rs105 billion transaction aimed at fulfilling its commitment to the International Monetary Fund (IMF). In this deal,…

Federal Cabinet Postpones Approval of Controversial Solar Net Metering Policy

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The federal government has made a significant policy shift by deciding to delay the approval of the controversial solar net metering policy. The decision, which…

Pakistan Secures IMF Staff-Level Agreement for $1.3 Billion Loan

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ISLAMABAD: Pakistan has reached a staff-level agreement (SLA) with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability…

IMF Endorses Pakistan’s Fiscal Policies, Confirms No Mini-Budget Before June

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Islamabad: Pakistan has successfully concluded negotiations with the International Monetary Fund (IMF), but the release of the $1 billion tranche under the ongoing $7 billion…

Govt Plans Drastic Reduction in Solar Net Metering Rates

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ISLAMABAD: The government has proposed a revision to the electricity rates for solar panel owners’ net metering in a submission to the IMF delegation. Additionally,…

Pakistan Banking Summit 2025: Finance Minister Calls for Resilient and Export-Driven Economy

4 min read

Islamabad: Federal Finance Minister, Senator Muhammad Aurangzeb, reiterating the government’s determination to structural reforms for paving a foundation of resilient economy and sustainable growth, on…

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