PM Shehbaz expands economic uplift team with eight new experts
Committee to include Oxford and Cambridge professors, aims to develop Home-grown Economic Plan
FBR 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
FBR 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
IMF 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
KE receives NEPRA’s approval for power acquisition programme
Approval of programme sets stage for energy capacity expansion through 2028
Pakistan, Turkiye agree to increase bilateral trade to $5bn
Dar highlights strong defense ties and mutual support in regional conflicts at joint press conference with Turkish FM
Audit uncovers Rs2.4bn irregularities in Balochistan dam projects
Construction delays and unauthorised expenditures escalate costs in 100 dam projects in Balochistan
IMF ‘unsatisfied’ with Pakistan’s steps of bringing real estate into tax net
Govt proposes banking channels for real estate transactions to meet IMF documentation standards
Govt faces IMF pressure to overhaul tax laws, limit tax incentives
Fund advocates for the removal of FBR and cabinet privileges in granting tax incentives
No strategic SOEs, says finance minister ahead of major privatization push
Finance Minister Muhammad Aurangzeb declared there are no strategic SOEs, emphasizing the need for privatization to enhance efficiency and attract both local and foreign investment
IMF demands pension tax on retired govt employees
Fund's support team reaches Pakistan to discuss new larger programme
PM directs formulation of trade policies to boost exports, business sector
Sharif has mandated the development of new trade policies aimed at bolstering the business sector and increasing competitiveness of Pakistani exports
Cabinet committee principally approves 24 entities for Privatisation Programme
Priority shall be accorded to privatisation of loss-making entities
‘Govt to launch domestic green sukuk bonds by December’
Launch of green Sukuk bonds aimed at funding sustainable development initiatives
Govt mulls Chinese demand for offshore accounts amid CPEC energy debt talks
Chinese investors seek offshore bank accounts for servicing debts related to CPEC energy projects, while Pakistan weighs its response amidst IMF negotiations and financial constraints