Rs104 billion proposed for Power Division, Rs 719 million for petroleum division in PSDP 2025-26
Transmission upgrades, Jamshoro plant, and satellite-based exploration dominate energy allocations
PSDP allocation slashed again in Rs 4.224 trillion national development outlay
After last year’s PSDP spending failed to cross 50%, the government had already announced intentions to present a shrunk budget for the federal government’s public sector projects.
Govt shifts focus from broadening tax base to equity, aims for Rs14 trillion revenue target: report
Higher taxes on low-income sectors and new measures like carbon tax, solar panel duties spark concerns as government seeks to meet ambitious fiscal goals.
Govt approves fivefold salary increase for Senate chairman, NA speaker, raising pay to Rs 1.3 million
Pay hike, effective January 2025, sparks criticism from within PML-NÂ
Rs17.6 trillion federal budget 2025-26 to be unveiled today
Govt sets tax collection target of Rs 14.02 trillion, defense budget set at Rs 2.55 trillion; budget includes provisions for salary increases, defense, and subsidies; discussions in National Assembly to begin June 13
Pakistan’s ICT exports surge to $2.8 Billion in FY 2025 as telecom subscribers near 200 Million
ICT boom powers Pakistan’s digital rise, with record exports, 200 million telecom users, and global recognition in cybersecurity
Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry
Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...
Aurangzeb hints at revising population-based NFC allocation
We cannot continue rewarding unchecked population growth. It is unsustainable, economically, socially, and environmentally- FinMin
Economic survey explained; Pakistan misses growth target, but is the economy on the rise?
Survey reveals missed targets, cautious optimism ahead
Fiscal challenges ahead as govt faces Rs6.2 trillion budget deficit for FY2025-26
Federal budget aims for 4.8% deficit, with Rs 17.6 trillion in total spending, but challenges remain on revenue targets and provincial development spending
PSX calls for resolution of sales tax jurisdiction issues at CCI, urges reforms in minimum tax regime
Stock exchange proposes tax adjustments for SMEs, capital gains, and foreign investments to boost market growth.
Importers face dollar shortage and rising costs as exchange rates exceed official limits: report
Despite stronger dollar inflows, limited access to foreign currency and rising import costs continue to strain importers, with reports of price hikes beyond official exchange rates
Pakistan’s poverty headcount jumps to 44.7% under new World Bank threshold
Updated global poverty lines reflect price changes, but experts warn figures rely on outdated 2018-19 data
SBP reserves dip by $7 million despite recent IMF inflow
Pakistan’s total foreign reserves stand at $16.60 billion; commercial banks hold $5.09 billion
NEPRA cuts Karachi tariff by Rs2.98, approves 93 Paisa hike for rest of Pakistan
NEPRA announces mixed fuel cost adjustments for Karachi and other regions.