Govt to engage IMF over plan to shift electricity tariff rebasing to January
Move aims to align tariff adjustments with IMF commitments, ease consumer burden by shifting rebasing to lower-demand winter months
Senate panel opposes Rs5.6bn purchase of over 1,000 vehicles for FBR officers
Standing Committee on Finance to formally write to PM, finance minister, and AGPR to halt the purchase; Calls procurement process biased; FBR defends mobility for field operations
Pakistan determined to combating poverty, climate issues, says FinMin
During a high-level discussion at the World Economic Forum (WEF) on global debt challenges faced by developing economies, Finance Minister Muhammad Aurangzeb...
PM orders inquiry into procurement violations related to KPT maintenance contract
Committee to investigate irregularities, ensure accountability, and safeguard public interest
KSE-100 index sheds 1,598 points during broad-based selling pressure
Market plunges as oil, banking sectors drag; fiscal year gains still strong
Pakistan opts for alternative revenue measures, declines IMF’s call for additional taxes: report
PM directs FBR to cover Rs386 billion shortfall through alternative revenue measures rather than imposing new taxes
Foreign investors pull $38.5mn from Pakistan’s T-bills in early January
From July 1, 2024, to January 10, 2025, total foreign investments in T-bills amounted to $963.4 million, while withdrawals reached $821.4 million
Mari Energies acquires 5% stake in Kohesultan Mining Company
Investment part of diversification into Pakistan’s mineral sector
NAB warns against investing in Bahria Town’s Dubai project, pursues Malik Riaz’s extradition
Property tycoon terms NAB’s allegations another blackmailing tactic, says he will neither be used against anyone nor succumb to blackmail
Pakistan’s rice exports surge 19% in first half of FY25, projected to hit $4.5bn
Exporters overcome global trade challenges; Basmati demand drives growth
Pakistan moves towards wheat market deregulation
National workshop to chart deregulation strategy while safeguarding food security and strategic reserves
FBR shares revenue plan with IMF amidst economic challenges
Tax shortfall prompts measures to meet ambitious January targets
PSX suffers sharp decline amid volatile trading session
Benchmark KSE-100 Index loses 803 points as selling pressure dominates
Pakistan secures $1bn loans from middle eastern banks
Short-term financing agreed at 6%-7% interest to strengthen financial position post-IMF bailout
Pakistan’s trade deficit widens by 37% YoY to $2.5 billion in December
Cumulative trade deficit rises marginally by 0.4% YoY to $11.2 billion in H1 FY 2024-25