Islamabad, March 28, 2025: Pakistan is preparing to reduce electricity tariffs as part of a larger economic relief strategy to support manufacturers and strengthen exports. The decision follows a recent …
International Monetary Fund (IMF)
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Economy
Stable Rupee Outlook Fueled by Prospects of New IMF Agreement
by Hamza Irshadby Hamza IrshadIMF KARACHI: According to a report on Sunday, the rupee is anticipated to maintain stability in the coming months, largely due to the possibility of a new agreement with the …
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Subsidies KARACHI: Finance Minister Muhammad Aurangzeb emphasized that the International Monetary Fund (IMF) does not oppose subsidies outright but rather advocates for targeted subsidies to be increased. Addressing misconceptions during …
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Latest Updates
Pakistan Missing from IMF Executive Board Meeting Agenda
by Hamza Irshadby Hamza IrshadThe International Monetary Fund (IMF) Executive Board has released its calendar, delineating meetings until April 3, with Pakistan’s case notably absent from the agenda. “The calendar is subject to change, …
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Project Costs ISLAMABAD: As their tenure neared its end, the caretaker government sanctioned a significant 30% cost escalation for ongoing contracts across numerous development projects funded under the federal government’s …
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Economy
IMF Recommends 18% GST Addition to Petroleum Products, Alongside PDL
by Hamza Irshadby Hamza IrshadPetroleum Products ISLAMABAD: The International Monetary Fund (IMF) has issued recommendations aimed at restructuring Pakistan’s taxation policies to enhance revenue generation and address environmental concerns. One key proposal involves imposing …
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Latest Updates
Tax Net to Expand: 3.5 Million Traders Included via Electricity Bill Scheme
by Hamza Irshadby Hamza IrshadThe Federal Board of Revenue (FBR) has unveiled a comprehensive strategy in line with the directives from the International Monetary Fund (IMF), aiming to bolster tax revenue and formalize the …
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Economy
IMF Mission Extends Stay Amid Lack of Consensus on Staff-Level Agreement
by Hamza Irshadby Hamza IrshadIMF Mission ISLAMABAD: The International Monetary Fund (IMF) review mission has prolonged its stay in Pakistan by a day, signaling a lack of consensus between both parties regarding a staff …
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Economy
Pakistan Plans to Secure Over $8 Billion IMF Bailout Package in Next Month
by Hamza Irshadby Hamza IrshadIMF Bailout Package ISLAMABAD: Pakistan is gearing up to formally request a larger and extended bailout package from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF). According …
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Poorest Countries In the latest ranking of the world’s poorest countries by the International Monetary Fund (IMF), Pakistan holds the 52nd position, with Bangladesh and India closely trailing at 62nd …