IMF
IMF and Pakistan Seal $1.2 B Staff-Level Deal Under EFF and RSF
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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
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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
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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
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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…
Used Car Import Schemes for Overseas Pakistanis Under IMF Scrutiny
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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
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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
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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
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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
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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
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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
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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
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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
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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…
