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Updated global poverty lines reflect price changes, but experts warn figures rely on outdated 2018-19 data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.
Govt hires audit firm to develop plan for tackling Rs2.8 trillion gas sector circular debt
KPMG to develop a Circular Debt Management Plan that will also be acceptable to the International Monetary Fund
PM approves tariff cuts on 7,066 lines, reduces duties up to 7% to boost industrial growth
Govt to cut duties on raw materials, intermediate and capital goods, aiming to reduce the average tariff from 19% to 9.5% in five years
IMF pushes for strict budget compliance, agri tax enforcement; opposes power and gas subsidies
Fund seeks commitment from provinces on expenditure control amid development plan expansionsÂ
Govt to tighten solar net metering regulations, introduce revised buyback plan: report
New policy replaces net metering with net billing, shifting from quarterly credit billing to monthly cash payments for excess electricity
Provinces demand NFC and agriculture tax review as NEC approves development plan: report
Provinces seek higher share in fiscal distribution, raise concerns over agriculture income tax with IMF
Farmers suffer Rs 2.2 trillion loss in wheat alone as agriculture sector crumbles
ISLAMABAD: Pakistan’s agriculture sector is undergoing a severe crisis, with wheat farmers alone suffering an estimated loss of RS 2,200 billion since...
Pakistan’s trade deficit narrows 23% MoM in May, but widens on annual basis
Rising imports and faltering exports push cumulative FY25 deficit to $24bn
Central government debt hits Rs 74.94 tr in April as domestic borrowing surges
External liabilities stay pressured; Permanent debt, PIBs drive double-digit growth in domestic borrowing amid fiscal pressures