Senate body urges MoC to resolve barter trade issues with Iran, Russia, and Afghanistan
Committee asked exporting industries to go for automation of trade
KIBOR drops across tenors after surprise SBP rate cut to 11%
Key lending benchmark responds swiftly to 100bps cut; downward trend reflects easing inflation
KSE-100 sinks 534 points despite early rally on rate cut news
PSX reverses gains as profit-taking erodes early optimism
Centre reviews adjustment of provincial power dues against NFC shares
Adjustment mechanism will apply only to those dues reconciled and confirmed by the provinces
PM announces transfer of Discos to provinces in two months
Federal government seeks to devolve or privatise power distribution firms amid financial struggles
Govt proposes 18% increase in defence budget to Rs2.5 trillion in FY2025-26: report
PPP endorses PML-N’s defence boost, calls for higher PSDP allocation; tax relief for salaried class under discussion.
FBR mulls new tax on high pensions, increase in income tax exemption threshold: reportÂ
Proposals include tax on pensions above Rs0.4 million monthly and an increase in income tax exemption for the next fiscal year
FBR officers to be posted at business premises to enhance tax monitoring
PM pushes for reforms and stricter enforcement to curb tax evasion and illicit cigarette trade
Moody’s cautions India-Pakistan tensions could derail Pakistan’s economic recovery
Ratings agency warns of renewed external financing, reserve risks amid Kashmir crisis
India terminates its executive director at IMF ahead of crucial meeting on Pakistan loan
Termination comes days before the IMF board meeting on May 9 to review a $7 ongoing loan and a $1.3 billion climate facility for Pakistan
India starts work on hydro projects after suspending treaty with Pakistan, sources say
Reservoir flushing process to remove sediment begins in occupied Jammu and Kashmir, led by India's NHPC Ltd and local authorities
India reduces water flow to Pakistan through Baglihar, Kishanganga dams
Pakistan condemns India’s actions, approaches UNSC and World Bank over treaty violation; IRSA findings reveal significant impactÂ
Salaries of federal ministers, advisors raised by 188% through presidential ordinance
Remunerations for federal ministers and ministers of state increased to Rs519,000, up from Rs200,000 and Rs180,000, effective from January 2025
Payoneer slaps 3% withdrawal fee on Pakistani users, sparking backlash among freelancers
New transaction charges hit digital professionals hard amid economic uncertainty and weak rupee
IMF declines India’s request to revisit Pakistan’s loan, board to meet on May 9
Review of current program and new climate financing proposal on agenda