HeadlinesPM Shehbaz expands economic uplift team with eight new experts
Committee to include Oxford and Cambridge professors, aims to develop Home-grown Economic Plan
May 28, 2024
Monitoring Report
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Headlines
HeadlinesCCP approves merger of Intermarket Securities with EFG Hermes Pakistan
Merger will result in a slight increase in EFG’s market share
May 28, 2024
HeadlinesPakistan’s gas transmission system at risk as line pack pressure surges to critical levels
Pipeline is at risk of bursting as gas pressure rises above 5 bcf mark mainly due to reduced usage of RNLG by power sector, says top official
May 27, 2024
HeadlinesGovt to introduce major changes in tax laws through Finance Bill 2024-25
Measures to raise Rs 300-400 billion and enhance FBR's powers
May 27, 2024
HeadlinesPakistan's debt servicing cost soars by 64%, outpacing revenue growth
Government faces rising interest payments, hampering fiscal progress despite increased revenue.
May 27, 2024
HeadlinesFBR unaware of 55% production lines in key sectors
Over half of production lines in critical tax evasion-prone sectors were unknown to the bureau, impacting potential tax collections
May 26, 2024
EconomyImport bill surges to $17.9bn in H2FY24, reflecting eased restrictions
Following IMF directives, Pakistan's SBP eases import restrictions, causing a noticeable rise in import bills
May 26, 2024
HeadlinesPakistan seeks Chinese funding for major energy, infrastructure projects
Govt requests over $17 billion for CPEC expansion, including three power plants and seven infrastructure projects.
May 25, 2024
HeadlinesPakistan borrows $7.142bn in 10 months of FY2023-24
Foreign inflows fall short of projections; IMF and UAE contributions not reflected in EAD data
May 25, 2024
HeadlinesReko Diq project sees major shift as Pakistan agrees to sell 15% stake to Saudi Arabia
Preliminary deal struck for Saudi acquisition of Reko Diq stakes, with official announcement expected soon
May 24, 2024
HeadlinesTAPI pipeline to be funded bilaterally amid lack of int'l support
In the absence of international funding, Pakistan and Turkmenistan take the reins in financing the strategic pipeline project
May 23, 2024
HeadlinesFBR blocks over 11,000 SIMs of non-tax filers amid legal disputes
Over 11,000 SIMs of non-tax filers blocked as FBR intensifies tax compliance efforts
May 23, 2024