Pakistan to impose 3-5% GST, Rs2.50 per litre carbon levy on petroleum products in FY26
Move expected to raise significant revenue and support climate-aligned fiscal reforms
World Bank defers approval of $70 million loan for Pakistan’s revenue reform project
Discussions to continue before the final approval next month; additional $70 million in financing aims to support Pakistan’s goal of raising tax-to-GDP ratio
PM forms high-level committee to oversee national fiscal pact implementation
Committee formed to drive fiscal pact amid IMF deal, provincial pushback
KSE-100 drops over 700 points amid IMF-linked budget uncertainty
Index-heavy stocks slide as investors adopt cautious stance ahead of budget announcement
IMF acknowledges Pakistan’s progress on reforms, Recommends further action under climate resilience facility
Pakistan meets all December performance criteria under EFF; Fund proposes $1bn support through RSF to bolster climate readiness
GDP growth revised down for first half, Provisional growth for FY25 pegged at 2.68%
National Accounts Committee approves 2.40% growth for the third quartet; full-year projection falls short of 3.6% target
Govt to launch tariff cut plan in budget 2025-26 under new five-year policy
National Tariff Policy 2025–30 aims to cap duties at 15%, phase out additional and regulatory levies, and promote export-led growth
Engineering Development Board plans to cut CBU vehicle import tariff to 15% by 2030
Auto industry caught off guard as EDB reveals steep tariff reduction from current 100% rate
Govt to raise petroleum development levy above Rs100, impose Rs5 per litre carbon levy
Move to hike PDL is central to Pakistan’s broader plan to enhance non-tax revenues and tighten its fiscal position under the IMF’s loan programÂ
IMF tightens conditions for future funding, cites India-Pakistan tensions and tariff risks: report
Pakistan must secure parliamentary approval for the next budget and implement key reforms to meet IMF targets
Pakistan, IMF agree to ease used vehicle import restrictions under new tariff plan
New National Tariff Policy to reduce tariffs, simplify customs and eliminate duties on used cars by 2030
IMF delegation arrives in Islamabad for budget talks
Fund calls for elimination of tax exemptions in FATA/PATA regions, while Pakistan's tax plans target Rs400 billion in new revenue
Pakistan to secure $1 billion loan from SCB by June, seeks $350 million from UAE banks
Finance Minister Aurangzeb assures UAE banks of continued support to Pakistan’s fiscal objectives, with loans aimed at consolidating economic stability through reforms
Foreign investment repatriations rise 115% YoY to $121.5 million in April 2025
Total repatriations for FY25 reach $1.83 billion, driven by increased investor confidence and easing FX restrictions.
PM approves revised 10-year plan for Integrated Generation Capacity Expansion
IGCEP 2024-34 aims for $17 billion savings, reduces planned projects to cut electricity tariffs