IMF
Federal Cabinet Postpones Approval of Controversial Solar Net Metering Policy
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
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
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
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
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…
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…
