BeNewz Report ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 6,154 billion during the first six months (July-December) 2025-26 against the target of Rs 6,490 billion, reflecting a shortfall of Rs 336 billion. The shortfall in revenue collection during December 2025 may prompt the government to activate …
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Aftab Maken ISLAMABAD: Pakistan’s economy continued its positive momentum through the first half of FY2026, according to the latest Monthly Economic Update and Outlook released by the Finance Division’s Economic Adviser’s Wing. The report highlights broad-based improvements, with real GDP growing 3.71% in Q1 FY2026, driven by strong industrial expansion …
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Aftab Maken ISLAMABAD: The Pakistan Bureau of Statistics (PBS) on Thursday released the latest Sensitive Price Indicator (SPI) data, showing a marginal decline of 0.09% in the prices of essential commodities for the week ending December 24, 2025. The SPI, a key weekly measure designed to track short-term inflation trends …
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BeNewz Report ISLAMABAD: The Privatization Advisor, Muhammad Ali, announced on Thursday that the privatization of Pakistan International Airlines (PIA) will generate Rs 55 billion for the national exchequer, significantly higher than the initially cited Rs 10 billion. Addressing a press conference alongside Minister for Information Attaullah Tarar, Ali emphasized that …
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Aftab Maken ISLAMABAD: In a major development regarding the privatization of the national flag carrier, the Arif Habib Group has outpaced all competitors by submitting the highest bid of Rs 135 billion for Pakistan International Airlines (PIA). Thisrecord-breaking offer has been forwarded to the Federal Cabinet for final approval, after …
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Aftab Maken ISLAMABAD: The privatization process for Pakistan International Airlines (PIA) is set to reach its climax tomorrow (December 23, 2025), with sealed bids to be submitted and opened in a live broadcast for transparency. The bidding will cover a 75% stake in the flag carrier, marking a crucial step …
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BeNewz Report ISLAMABAD: Pakistan and Libya reportedly inked a US$4.6 billion (approximately RM21.62 billion) defence deal, underscoring a shift toward affordable and flexible military partnerships outside traditional Western or Russian spheres, according to Defense Security Asia. The deal reportedly focuses on rebuilding Libya’s armed forces amid ongoing fragmentation, while boosting …
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Aftab Maken ISLAMABAD: Pakistan’s short-term inflation edged higher during the week ended December 18, 2025, as food and energy prices recorded mixed movements, official data showed. The Pakistan Bureau of Statistics said the Sensitive Price Indicator increased 0.24% week-on-week, reflecting rising prices of several essential consumer items. The SPI tracks …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee, chaired by Finance Minister Senator Muhammad Aurangzeb, reviewed inflation trends and approved key financial and development measures for FY 2025-26. The committee was briefed that Pakistan’s overall inflation has shown marked improvement in the current fiscal year, reflecting enhanced price stability and effective …
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Beneficiaries to achieve full digital payments by Jan 2026 Aftab Maken ISLAMABAD: The Benazir Income Support Programme (BISP) has made remarkable progress in transitioning its payments to a digital system. However, full 100% adoption of digital wallets for all beneficiaries will be targeting complete rollout by January 2026. Over 10 …
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