Islamabad, 10 June 2025: The federal government, in its recently unveiled budget for the fiscal year 2025-26, has put forth a substantial initiative aimed at easing the financial burden on …
Fiscal Year
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BusinessTrending Now
Punjab Finance Dept recommends Development Budget of Rs 1,100-1,200 Billion
by Hamza Irshadby Hamza IrshadPunjab Finance Department has recommended that the development budget for FY2026 should be kept between Rs 1,000-1,100 billion.
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BusinessTop Trending News
World Bank Slashes Growth Projections for Pakistan @2.7%
by Umar Sohailby Umar SohailIslamabad: The World Bank’s latest economic update on Pakistan paints a rather cautious picture for the country’s growth prospects in the near and medium term. The revision of the GDP …
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BusinessTop Trending News
Businessmen Asks to Cut GST Rate for Next Budget
by Umar Sohailby Umar SohailIslamabad, March 25: The Pakistan Business Council (PBC) is advocating for a reduction in the Goods and Services Tax (GST) rate as part of the FY26 Budget proposals. They suggest …
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Islamabad, Mar 6, 2025: The International Monetary Fund (IMF) is expected to lower Pakistan’s revenue collection target for the current fiscal year to Rs. 12,480 billion, marking a reduction of …
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ISLAMABAD: To fulfill an IMF condition for disclosing quarterly Gross Domestic Product (GDP) figures, the government has released the growth rate for the second quarter (Oct-Dec) of the current fiscal …
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The highly anticipated announcement of the monetary policy by the State Bank of Pakistan (SBP) is eagerly awaited and is scheduled to take place on Monday, March 18, 2024. According …
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Economy
Fitch Ratings: Pakistan’s Election Results Pose Risks to Prospective New IMF Deal
by Hamza Irshadby Hamza IrshadIMF Deal Fitch Ratings has expressed concern over the close outcome of Pakistan’s recent election, suggesting that the resulting political uncertainty may complicate the nation’s efforts to secure a new …
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Latest Updates
FBR Surpasses Revenue Targets, Collects Record-Breaking Rs 5,150 Billion in First Seven Months of FY 2024
by Hamza Irshadby Hamza IrshadThe Federal Board of Revenue (FBR) has reportedly outperformed its revenue collection target for the initial seven months of the Current Fiscal Year. The data indicates that the FBR successfully …
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Others
Breaking Boundaries: Ministries Stray from Cabinet Guidelines
by Hamza Irshadby Hamza IrshadCabinet Guidelines ISLAMABAD: The interim government’s recent deviation from a federal cabinet guidelines has triggered concerns, as it failed to recover approximately Rs95 billion from publicly-owned power sector companies. Instead, …