Pakistan Introduces Climate Support Levy Amid Economic Strain
The Climate Support Levy (CSL) in Pakistan is set to increase fuel prices, raising concerns about its effectiveness and impact on the…
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IMF
Pakistan’s Fiscal Year Ends with $27.2 Billion in External Financing
Pakistan secured $27.2 billion in external financing during FY2025-26, with 88% used for budgetary support and debt repayments.
Finance Minister Confirms Extension of $3 Billion Saudi Debt
Finance Minister Muhammad Aurangzeb has confirmed the extension of a $3 billion debt to Saudi Arabia, maintaining Pakistan’s foreign exchange reserves.
Arif Habib urges reduction in energy costs and taxes to boost investment
Business tycoon Arif Habib urges reduction in energy prices and tax burden to boost economic growth and attract more investments.
IMF Aims to Enhance Analysis of Domestic Debt Risks
The International Monetary Fund is deepening its analysis of domestic debt risks for low-income countries to improve the Common Framework for Debt…
IMF Underestimates Pakistan’s Economic Growth, Experts Argue
Experts argue that the IMF's projection for Pakistan's FY27 economic growth is too low, citing existing momentum and recent data.
PFMA criticizes Punjab’s wheat movement ban, blaming price hikes and smuggling
PFMA criticizes Punjab government's ban on wheat movement, blaming increased prices and illegal inter-provincial smuggling.
Soya Supreme Plans IPO to Boost Expansion
Pakistan’s largest cooking oil brand Soya Supreme plans an IPO in July to expand its refining capacity and invest in renewable energy.
Government Extends Rs. 50 Billion Loan Guarantee to SNGPL
The federal government has extended its sovereign guarantee for SNGPL’s Rs. 50 billion financing facility, supporting uninterrupted gas supplies amid finan
World Bank Report Criticized for Overlooking Political Economy in Fiscal Federalism
Critics argue that the World Bank’s latest report on fiscal federalism in Pakistan overlooks political economy, focusing instead on technical solutions.
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.
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.