IMF
Used Car Import Schemes for Overseas Pakistanis Under IMF Scrutiny
The International Monetary Fund (IMF) has placed Pakistan’s used car import schemes for overseas Pakistanis under scrutiny, advising the government to tighten eligibility criteria and…
Paapam Warns IMF Trade Liberalisation Risks Auto Sector
The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has warned that the IMF’s push for trade liberalisation, including tariff cuts and commercial imports…
Pakistan-IMF Talks Progress, No New Taxes: Finance Minister
Federal Finance Minister Muhammad Aurangzeb has assured that Pakistan’s talks with the International Monetary Fund (IMF) are moving forward on a positive note, and the…
Finance Ministry Announces Timely Repayment of $500M Eurobond by Pakistan
Pakistan has cleared a major financial milestone by repaying its $500 million Eurobond that matured on September 30, 2025. The Ministry of Finance confirmed the…
FBR Reports Major Tax Deficit in First Quarter of FY2025-26
The Federal Board of Revenue faced a sharp setback in the first quarter of fiscal year 2025-26. Official data shows the FBR collected Rs. 2,885…
Pakistan Eyes $750 Million in First Panda Bond Financing
Pakistan is preparing to secure about $750 million in the coming weeks through a mix of commercial borrowing and the issuance of its first-ever Panda…
Cars, Cigarettes to Get Costlier as Govt Plans Mini-Budget for Flood Relief
The government is preparing a mini-budget that may burden consumers with higher prices on imported cars, cigarettes, and electronics, aimed at raising revenue for flood…
Govt Clears Import of 5-Year-Old Used Cars at 40% Duty
The government has cleared the commercial import of used cars up to five years old, subject to an additional 40% duty. The decision, taken by…
Pak Car Manufacturers Given Oct Deadline to Align with Global Safety Measures
Starting in October, local car safety standards will undergo a major transformation as the government enforces 57 international benchmarks on locally manufactured vehicles. The move…
Govt Plans Amendments to PERA to Boost Industrial Investment
The federal government is planning significant amendments to the Protection of Economic Reform Act (PERA) 1992 to provide stronger protection for foreign exchange remitted from…
Pakistan Govt Questions IMF’s Draft Report on Corruption Issues
The federal government has formally signalled that Pakistan challenges International Monetary Fund’s (IMF) findings in the draft Governance and Corruption Diagnostic Assessment and it is…
Pakistan Sees 59% Jump in July Foreign Inflows
Pakistan began the new fiscal year with a strong rise in foreign inflows, recording $695 million in July, marking a 59 percent increase compared to…
Govt Announces 40% Tariff on Used Car Imports
The government has announced that a 40% tariff will be applied on used car imports starting next month, a step aimed at shielding local manufacturers…
