Budget 2024-25: Govt to increase taxes on property for filers and non-filers
Sources stated that the government expects to collect up to Rs. 70 billion from the property industry in the coming…
IMF
Budget 2024-25; Federal govt set budget outlay of Rs18000 billion
Tax collection target likely to be set at Rs 12.9 trillion with interest and debt payments estimated at Rs 9.5…
State Bank announces 150 basis points cut in key policy rate
The State Bank noted that “real interest rates are still significantly positive, which is important for continuing to guide inflation…
IMF & Pakistan Clash Over Tax Exemptions: Negotiations Continue
The Finance Ministry has signaled its openness to taxing pensions exceeding one lakh rupees per month. ISLAMABAD: Pakistan and the…
IMF approves immediate disbursal of $1.1 billion loan tranche to Pakistan
Pakistan had agreed to maintain the primary budget surplus at 0.4% of GDP as part of the $3 billion SBA….
IMF executive board to consider $1.1 billion funding for Pakistan
Pakistan is currently facing nearly 30 per cent inflation, making basic commodities such as sugar unaffordable for many consumers. IMF…
Pakistan’s Foreign Exchange Reserves Expected to Reach $9-10 Billion by June: Finance Minister
Aurangzeb emphasized the need for timely decision-making and implementation, citing examples of the judiciary and tribunals. Islamabad: Federal Finance Minister…
World Bank asks Pakistan for tax reforms
It is also recommended to formulate a long-term commercial tariff strategy and align the gas tariff for consumers with the…
Pakistan Engages in Crucial Talks at IMF & World Bank Meetings in Washington
Minister Aurangzeb held discussions with World Bank President, Rajeev Banga, focusing on Pakistan’s economic situation. Pakistan Engages in Crucial Talks…
IMF predicts Pakistan’s economy to grow by 3.5% in FY25
Unemployment in the country is expected to decrease to 8 percent in 2024, from 8.5 percent in 2023, to 7.5…