Provinces Differ in Tax Revenue Mobilisation Despite GST Dominance
GST on services dominates provincial tax collections, but Sindh and Punjab show different strengths and weaknesses.
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IMF
Exchange firms sell $6 billion to banks in FY26
Pakistan's exchange companies sold up to $6 billion to banks during FY26, highlighting the importance of remittances. State Bank has closed down…
Government hikes petrol and diesel prices
Petrol price raised by Rs13.18, diesel by Rs13.80 effective from July 11 as part of IMF conditions.
Government hikes petrol and diesel prices
Petrol price increased by Rs13.18 per litre and diesel by Rs13.80 from July 11, 2026.
IMF lowers 2026 global growth forecast to 3%
International Monetary Fund reduces 2026 global growth prediction due to heightened geopolitical and trade uncertainties.
KP Chief Minister Urges PM to Postpone Tax Exemption Withdrawal
Khyber Pakhtunkhwa's Chief Minister Sohail Afridi has requested the federal government to defer proposed tax exemptions for merged districts and Malakand,
Cabinet rejects gas utilities’ request for accounting standards exemption
The Cabinet Committee on state-owned enterprises has denied requests by Sui Southern and Sui Northern for an exemption from international accounting standa
Pakistan’s workers’ remittances hit record $41.6 billion in FY26
Pakistan received $41.6 billion in workers' remittances, marking a new high and reflecting the confidence of overseas Pakistanis.
Government to Introduce Hybrid Sukuk Bonds
The federal government plans to introduce hybrid Sukuk bonds for the first time this fiscal year, diversifying its financing sources.
KSE-100 Plummets as Geopolitical Tensions Trigger Market Sell-off
The KSE-100 Index fell by over 2,000 points due to renewed geopolitical tensions in the Middle East and rising oil prices.
IMF Forecasts Slower Growth for Pakistan’s Economy in FY27
The International Monetary Fund forecasts a slower growth rate for Pakistan's economy in fiscal year 2026-27, below the federal government's target.
Australian shares fall as Middle East tensions persist
Australian stocks declined for four consecutive sessions due to US President Trump's comments on Iran and concerns about global growth.
Pakistan Seeks to Capitalize on Regional Peace for Economic Growth
Pakistan aims to capitalize on regional peace for economic growth, focusing on reforms and partnerships with Iran.
HRCP Report Reveals Widespread Corruption in Pakistan’s Justice System
A new report by HRCP and FIDH highlights systemic corruption affecting all levels of the judiciary, calling for repeal of constitutional amendments…
EAD Warns of Economic Risks from US-Iran Conflict
The Economic Affairs Division warns of potential economic harm to Pakistan due to renewed conflict between the US and Iran. Committee advises…
Finance Minister Emphasizes Economic Reforms During PBC Meeting
Finance Minister Senator Muhammad Aurangzeb meets with Pakistan Business Council to discuss economic reforms and policy continuity, emphasizing the importa
NA committee raises concerns over LEFC project cost disparity
The National Assembly Standing Committee expresses reservations about the estimated cost of the Lyari Elevated Freight Corridor Project and calls for cost-
IMF lowers global growth forecast to 3% for 2026
The IMF has lowered its 2026 global growth prediction to 3% amid geopolitical uncertainties.