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IMF Talks on FY26 Budget Inconclusive, Continue Next Week
IMF ends Pakistan visit without final budget deal. Talks to continue next week. Govt delays FY26 budget to June 10. Imran Khan seeks say in KP's financial matters.
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NAB Recovers Over Rs88 Billion in First Quarter of 2025, Returns Billions to Scam Victims
NAB recovers & disburses over Rs88bn in Q1 2025 through plea bargains, settlements, & land retrievals. Rs1.99bn returned to 19,000+ scam victims.
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IMF Links Salaried Class Relief to Spending Cuts; Defense Budget Exempted
IMF conditions salaried class relief on govt spending cuts; defense budget to rise amid geopolitical concerns. Provinces urged to boost revenue. President Zardari calls IMF program vital for economic stability.
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Pakistan Receives Over $6B in Loans, $14.1B Total Inflows So Far
Pakistan secured $6B in external loans & grants in 10 months; total inflows, incl. IMF & rollovers, hit $14.1B. Target for FY24: $19.39B.
News Desk
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Pakistan Extends Exemption from Electronic Import Form for Afghan Imports Until June 14, 2025
Pakistan extends exemption from Electronic Import Form (EIF) for imports from Afghanistan until June 14, 2025, to support bilateral trade amid banking channel delays.
News Desk
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Govt, IMF Agree on Hike in Petroleum Levy, Tax Reforms
Govt, IMF Agree on Hike in Petroleum Levy, Tax Reforms Govt, IMF agree on increasing carbon levy by Rs 5 & hiking petroleum levy beyond Rs 100/liter. Tax exemptions for FATA/PATA & fertilizer may end. Major reforms ahead.
News Desk
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Pakistan Begins Policy-Level Budget Talks with IMF, Proposes Tax Relief and Growth Targets
Pakistan kicks off policy-level budget talks with IMF, aiming for tax relief on imports, exports, and salaried class. Economic growth targets set at 4.4% for FY 2025-26. Final proposals expected by May 22.
News Desk
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Pakistan and IMF Explore Rs700 Billion Tax Collection Measures Ahead of 2025-26 Budget
Pakistan and IMF are working on new tax measures to raise Rs700 billion in the 2025-26 budget. Focus on salaried class reforms, tobacco price hikes, and beverage sector taxes.
News Desk