FBR establishes Customs Command Fund to reward informers and officers in anti-smuggling efforts
New fund will provide financial incentives up to Rs500,000 per case and logistics support for intelligence gathering and anti-smuggling operations
India approves stealth fighter programme amid tensions with Pakistan
State-run Aeronautical Development Agency will shortly invite initial iterest from defence firms for developing prototype of twin-engine 5th generation warplane
Govt extends deadline for PIA privatisation bids to June 19
Only submission date for Expressions of Interest revised; all other terms unchanged
Pakistan’s per expatriate remittance remains low compared to regional countries despite projected $38bn inflows in FY25
Pakistan's per expatriate remittance of $2,529 in 2023 lags behind countries like the Philippines ($16,780), Thailand ($9,703), Mexico ($5,914), China ($4,626), and India ($3,906)
World Bank urges broader structural reforms to unlock Pakistan’s export-led growth
Recent shifts towards higher tariffs have exacerbated existing constraints on businesses, undermining the competitiveness of Pakistan’s exports, says World Bank in its latest policy note
Finance Minister clarifies no special salary increase for armed forces over civilian employees
Minister assures full provision of defence needs, dismisses rumours about pay disparities with civilian employees
IMF disagreement delays federal budget presentation to June 10
NA Committee on Commerce agrees to release of Rs 90 billion to TCP in the first phase as the IMF imposes a cap on subsidies
Govt’s trade liberalisation plan faces pushback from industries ahead of budget announcement: report
Ministry of Industries warns against immediate tariff cuts on finished goods, citing risks to key sectors; proposal to be discussed in the upcoming National Economic Council meeting.
Aurangzeb says failed attempts were made to derail IMF talks
Finance minister calls for economic unity amid regional tensions
Bold measures coming in FY26 budget, says finance minister
Aurangzeb outlines fiscal strategy amid India tensions and IMF hurdles
Bilal bin Saqib appointed SAPM on Blockchain, Crypto with Minister of State status
Saqib to lead Pakistan's digital strategy, focusing on blockchain and crypto development, following his role as Chief Advisor to the Finance Minister for the Pakistan Crypto Council
KSE-100 sheds 882 points as budget concerns rattle investors
Benchmark index extends losing streak amid sector-wide sell-off
NAB to investigate Rs1.94 billion embezzlement in Rawalpindi Development Authority
Alleged misconduct by top officials over nine years raises concerns as financial transactions to fictitious companies are uncovered
Govt likely to allocate Rs1.079 trillion subsidy for power sector in FY 2025-26 budget
Power Division to comply with fiscal instructions as Finance Ministry seeks efficiency in subsidy allocation
Budget delayed as govt eyes higher levy, bigger PSDP
Presentation now set for June 10 amid IMF talks and Shehbaz’s foreign tour