IMF
80% Chinese-Owned Processing Zone Approved in Balochistan
2 min read
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
2 min read
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
2 min read
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
2 min read
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
3 min read
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…
SBP Chief Reports October Remittances Exceed $3 Billion
3 min read
KARACHI: The State Bank of Pakistan (SBP) is anticipating $500 million from the Asian Development Bank (ADB) this week, and higher foreign inflows are expected…
SBP Eases Policy Rate by 2.5% as Inflation Shows Steady Decline
3 min read
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart
5 min read
Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain from banks, hospitals, and multinational companies. Asad Ejaz Butt, a…
First Quarter Sees 60% Decrease in Foreign Aid to Pakistan
2 min read
ISLAMABAD: In the first quarter of the current fiscal year (July-September), Pakistan’s foreign assistance inflows dropped 60% to $2.3 billion, from approximately $5.73 billion in…
FBR Revenue Falls Short by Rs. 90 Billion in October
2 min read
The Federal Board of Revenue (FBR) is expected to face a revenue shortfall of Rs. 90 billion in October 2024 According to FBR sources, the…
Damning World Bank report says 30% Pakistanis will slip into poverty & food insecurity will triple
2 min read
A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while unemployment is also rising. The report…
Ex-IMF official & State Bank’s current governor, Raza Baqir calls for an end to SBP’s accountability
3 min read
The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt, before being appointed as the SBP’s…
IMF approves $500 million tranche for Pakistan after noting “satisfactory progress”
2 min read
The International Monetary Fund (IMF) approved a $500 million disbursement to Pakistan for budgetary support after its Executive Board completed delayed reviews of Pakistan’s $6…
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