HeadlinesIMF demands parliamentary approval for critical economic reforms by June 30
Revised tax measures and energy tariffs under discussion as govt aims to meet IMF conditions for financial aid
May 23, 2024
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Headlines
HeadlinesNew bailout package contingent on IMF-approved budget
Government must meet stringent IMF requirements to secure Extended Fund Facility, global lender tells Pakistani authorities
May 23, 2024
HeadlinesPakistan's investment ratio hits 50-year low at 13.1% of GDP
National Accounts Committee figures highlight economic challenges despite SIFC’s efforts
May 23, 2024
EconomyGDP grows modestly at 2.09% in Q3FY24
NAC revises Q1 and Q2 GDP growth estimates upwards to 2.71% and 1.79%, reflecting an uptick in economic activity
May 21, 2024
EconomyRDA sees over 6% drop in April inflows, SBP reports
Inflows dip to $171m in April
May 21, 2024
HeadlinesIMF seeks draft of Pakistan's new investment policy, transparency in SIFC operations
Global lender inquires about tax exemptions for Special Economic Zones under CPEC, recommends 18% GST on petrol and diesel along with Petroleum Development Levy
May 21, 2024
EconomyPSX dips 258 points amid IMF visit, speculations of economic tightening
Investor worries mount over anticipated tax hikes and monetary tightening ahead of the new IMF program
May 20, 2024
HeadlinesGovt to revisit solar net metering policy, says minister
Policy will be revised after thorough studies and taking all stakeholders aboard within the next two months, Leghari
May 20, 2024
HeadlinesAudit uncovers Rs2.4bn irregularities in Balochistan dam projects
Construction delays and unauthorised expenditures escalate costs in 100 dam projects in Balochistan
May 19, 2024
HeadlinesGovt to shift from net to gross metering for solar panels amid IMF talks
Plan aims to bolster grid electricity usage and power company revenues, pushing consumers towards more costly grid power
May 19, 2024
HeadlinesGovt to restrict cash use in real estate to curb money laundering
Authority identifies unregistered real estate businesses as a part of money laundering, causing losses to the national exchequer
May 18, 2024
EconomyChinese firm expresses interest in building mineral park in Pakistan
High-level discussions between Pakistan and MCC Tongsin set the stage for other mining sector investments
May 17, 2024