Reportedly, Pakistan and IMF have agreed in principle on imposing petroleum levy, but the rate is yet to be determined.
IMF
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Pakistan One Step Closer Providing Relief for Salaried Class In Budget 2025-26
by Hamza Irshadby Hamza IrshadISLAMABAD, June 1, 2025: Pakistan’s salaried class individuals majorly contribute to the annual tax revenue, with some estimates showing that tax collection from the salaried class is five time that …
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Pakistan Allocating Electricity For Bitcoin Mining Draws IMF’s Ire
by Hamza Irshadby Hamza IrshadBefore allocating 2,000MW electricity for Bitcoin Mining, last week, Pakistan unveiled its first-ever strategic Bitcoin reserve.
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Islamabad, May 29, 2025: The Asian Development Bank (ADB) has postponed an $800 million financial package for Pakistan by five days, following a formal request from India. Originally planned for discussion …
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Budget 2025-26 Hits Roadblock as IMF Raises Concerns Over Development Spending
by Hamza Irshadby Hamza IrshadIslamabad, 26 May , 2025: Budget 2025-26 negotiations between the government and the International Monetary Fund (IMF) remain at a stalemate, with key differences emerging over fiscal targets and development …
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Islamabad, May 24, 2025: The International Monetary Fund (IMF) on Saturday has announced that it will continue discussions on Pakistan’s fiscal year 2026 (FY26) federal budget in the coming days, …
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The federal government has postponed the presentation of Budget 2025-26 to June 10 due to ongoing negotiations with the IMF. Key fiscal targets remain unresolved as Pakistan seeks to balance …
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Islamabad, May 23, 2025: During the initial ten months of the current financial year (July–April), Pakistan borrowed over $6 billion from multiple financing sources, according to recent data issued by …
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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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Islamabad, May 19, 2025: Pakistan has pledged to wipe out its circular debt stock, amounting to Rs. 2.4 trillion, equivalent to 2.1% of the national GDP by the close of …