IMF
Khyber Pakhtunkhwa Announces Free Laptop Scheme for Students
In a move to enhance digital access for students, Khyber Pakhtunkhwa (KPK) has introduced a free laptop scheme for students across the province. The announcement…
PM Shehbaz Postpones New Real Estate Tax Reforms
Prime Minister Shehbaz Sharif has postponed a decision on the proposed tax incentive package for the real estate sector, citing the need to address key…
IMF Urges Pakistan to Digitalize Land Records for Stronger Governance and Anti-Corruption Efforts
Islamabad: The International Monetary Fund (IMF) has launched a governance and corruption diagnostic assessment in Pakistan, set to conclude on February 14, 2025. The mission,…
Pakistan Plans to Introduce First $200-250 Million Panda Bonds in China in 2025
During an interview at the Asian Financial Forum in Hong Kong on Monday, Pakistan’s Finance Minister Muhammad Aurangzeb disclosed the country’s plans to issue bonds…
S&P Global Report Highlights Six Pakistani Banks in Top 15 of Asia Pacific
ISLAMABAD: According to the latest S&P Global Intelligence report released on Wednesday, six Pakistani banks have secured spots in the top 15 of Asia-Pacific’s best-performing…
Pakistan Receives $300M Loan from UBL
KARACHI: The government of Pakistan has secured a $300 million loan from United Bank Ltd (UBL) to meet the growing financial needs required to repay…
Federal Cabinet Eliminates 15% Additional Tax on Banks
ISLAMABAD: On Friday, the federal cabinet, headed by Prime Minister Shehbaz Sharif, approved a law to raise the ordinary income tax rate for banks to…
FBR Refuses to Release Tax Data to Provinces Over Agriculture Tax Conflict
The Federal Board of Revenue (FBR) will not share income tax returns with provincial governments, as they are considered private under Section 216 of the…
80% Chinese-Owned Processing Zone Approved in Balochistan
In the Chagai district of Balochistan, a new Export Processing Zone (EPZ) was authorized by the government. The Siah Dik Copper Project, of which China…
Pakistan’s Default Risk Drops 93% as CDS Spreads Hit Lowest Level in Years
Pakistan’s sovereign default risk has significantly reduced by 93%, with 5-year CDS spreads dropping to 505 basis points in December 2024, down from a high…
Pakistan’s Tax Revenue from Mobile Phone Users Exceeds Rs3 Trillion as Utility Prices Surge
Islamabad: The Ministry of Finance has revealed that over Rs. 3 trillion in taxes has been collected from mobile phone users in Pakistan over the…
Govt Plans Major Reduction in Net Metering Rate
The federal government is set to lower the solar net metering tariff to Rs. 7.5-11 per unit, a significant drop from the current rate of…
Report Predicts PSX Will Hit 127,000 by December 2025
The Pakistan Stock Market (PSX), fuelled by economic stability and budgetary consolidation, is expected to reach 127,000 by December 2025, representing a 37% return with…
