In talks with Pakistan, IMF calls to use untapped tax sources to mobilize revenue
The next mission associated with the first EFF review is expected in the first quarter of 2025. In talks with…
International Monetary Fund
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Punjab govt introduces super tax on wealthy landowners
Historically, agricultural tax collection in Punjab has been relatively low. In FY2014, the collection was only Rs0.83 billion, almost the…
IMF approves $7 billion bailout package for Pakistan
Two months ago, Islamabad secured a three-year EFF agreement with the IMF aimed at achieving macroeconomic stability and inclusive growth….
IMF wants Pakistan to end price controls on key agricultural products
IMF has banned provincial subsidies on electricity and gas throughout the 37-month loan programme IMF wants Pakistan to end price…
Moody’s raises Pakistan’s credit ratings to ‘Caa2’
The country depends on timely support from government partners to meet its external debt obligations. Moody’s raises Pakistan’s credit ratings…
Pakistan’s forex reserves inch up by $51.1 million
The SBP’s reserves have decreased by $236.2 million, or 2.52 per cent, since the start of the current fiscal year….
Pakistan to privatise energy sector in 2025: Details inside
The privatisation initiative is part of a broader economic reform agenda that Pakistan has committed to in exchange for financial…
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 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…
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…