IMF
Federal Cabinet Postpones Approval of Controversial Solar Net Metering Policy
2 min read
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
2 min read
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
3 min read
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
2 min read
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…
Khyber Pakhtunkhwa Announces Free Laptop Scheme for Students
2 min read
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
2 min read
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
2 min read
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
2 min read
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
3 min read
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
2 min read
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
3 min read
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
2 min read
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…
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