In a significant budget revision, the Pakistani government has reduced the proposed sales tax on solar panel imports from 18% to 10% following negotiations with coalition partners. While lawmakers had …
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economic reforms
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Islamabad, May 22, 2025: With Pakistan’s budget for fiscal year 2025-26 just days away, Prime Minister Muhammad Shehbaz Sharif held a detailed meeting with a high-level delegation from the International …
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Others
Pakistan’s Economy Stabilising, But Growth Remains Fragile: World Bank, IMF
by Web Deskby Web DeskThe World Bank and IMF have offered cautious optimism about Pakistan’s economic recovery, with growth projections for FY2025 hovering around 2.6–2.7%. Stabilisation efforts are showing results, but structural reforms and …
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Business
PM Rejects Sales Tax Exemption for Exporters Amid IMF Concerns
by Umar Sohailby Umar SohailPM Shehbaz Sharif has rejected a proposal to waive the 18% sales tax on local supplies for exporters, citing IMF concerns. The decision has been sent back for further consultation.
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Others
Manmohan Singh, Former Indian Prime Minister and Economic Reformer, Dies at 92
by Web Deskby Web DeskManmohan Singh, the former Prime Minister of India and key architect of the country’s economic liberalisation, has passed away at the age of 92. Known for his honesty, simple lifestyle, …
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ISLAMABAD: Ambassador Donald Blome, representing the United States of America in Pakistan, has conveyed his eagerness to collaborate with the Pakistani government in fostering stronger ties and deepening cooperation between …
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WASHINGTON: The US State Department has communicated a clear message to Pakistan’s new leaders, emphasizing the importance of collaboration with the International Monetary Fund (IMF) and the implementation of economic …
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Latest Updates
S&P Global Considers Upgrading Pakistan’s Credit Rating Post-February 8 Elections
by Hamza Irshadby Hamza IrshadS&P Global Ratings, a prominent credit rating agency, has suggested the possibility of an upgrade in Pakistan’s credit rating following the emergence of a new political government after the general …
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Economy
SBP Boosts Reserves as Pakistan Receives $700 Million from IMF
by Hamza Irshadby Hamza Irshad$700 Million The State Bank of Pakistan (SBP) has confirmed the receipt of the second tranche of Special Drawing Rights (SDR) amounting to SDR 528 million, equivalent to $705.6 million, …
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IMF Board The International Monetary Fund’s executive board has granted approval for the immediate disbursement of $700 million for Pakistan under the $3-billion Stand-By Arrangement (SBA), as part of the …
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