IMF flags Rs1 trillion shortfall in Pakistan’s tax target for FY26, urges new measures

Government must bridge Rs1 trillion revenue gap as tax target set at Rs14.3 trillion; enforcement expected to yield Rs400-600 billion amid past shortfalls and economic concerns

Govt announces closure of PASSCO, wheat price controls scrapped

NA members voice concerns over the impact on farmers and warn of market manipulation risks as the government winds down wheat procurement efforts

Pakistan’s exports fall 17.66% to $2.18 billion in April, imports rise 16.22% to $5.61 billion

Exports increased slightly to $26.8 billion while imports recorded $48.29 billion in the first ten months of the ongoing fiscal year

UN forecasts moderate growth for Pakistan amid global economic slowdown

World economy faces heightened trade tensions and policy uncertainty as Pakistan’s GDP is projected to grow by 2.3% in 2025 under IMF-backed reforms

IMF presses Pakistan for higher taxes, NFC rebalancing amid record salaried class burden

IMF narrows focus to tax hikes, NFC overhaul amid budget talks with Pakistan

PSX closes lower amid profit-taking after record high

Benchmark pares gains after notching a record high, as investors lock in profits ahead of the budget

Weekly inflation rises 1.03% amid surge in chicken, egg, and sugar prices

SPI records broad-based price upticks; annual inflation climbs to 1.29%

India weighs plan to slash Pakistan water supply with new Indus river project

Modi orders officials to expedite planning and execution of water projects on the Chenab, Jhelum and Indus rivers

Pakistan’s IT exports grow 2% to $317 million in April, 10-month total reaches $3.1 billion

Export proceeds averaged $15.9 million per day in April; Steady gains driven by global client expansion and regulatory support boost sector’s outlook toward $10 billion export target by 2029

Pakistan launches first Green Sukuk worth Rs30 billion to fund new energy projects 

Finance minister says new issuance reflects investor confidence, funds green energy projects

Pakistan’s current account posts surplus of $12 million in April

Current account shrinks by 96% YoY compared to $315 million in April 2024 mainly due to a rise in the import bill

PM approves five-year tariff reform plan to cut duties, boost exports

Plan aims to slash customs and regulatory duties, simplify tariff slabs, and promote export-led growth

Reko Diq project to generate $75 billion in cash flows over 37 years, NA informed 

Petroleum minister outlines key fiscal terms, development phases, and community benefits from the major mining project

GMO soybean meal imports denied despite strong demand

Govt Committee sides with soybean seed importers, blocks poultry industry’s GMO meal push

SBP reserves rise by $70 million in last week; IMF tranche to boost next week’s holdings

SBP reserves reach $10.4 billion; Pakistan’s total foreign reserves increase by $131 million ahead of IMF inflow