BeNewz Report ISLAMABAD: Pakistan faces stricter IMF conditions as 430 billion rupee tax plan emerges alongside sweeping fiscal tightening, higher energy levies, and expanded revenue enforcement measures affecting next fiscal year’s budget framework. The International Monetary Fund has placed eleven new conditions on Pakistan’s fiscal framework under ongoing economic reforms. …
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–Pakistan raised RMB1.75 bn through its first Panda Bond in China, attracting bids worth more than five times the issue size and signaling renewed investor confidence in the country’s economic recovery and reform agenda Aftab Maken ISLAMABAD: Pakistan on Thursday completed its inaugural Panda Bond issuance in China’s onshore capital …
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Aftab Maken KARACHI: State Bank of Pakistan receives $1.3 billion IMF inflows after third review completion under EFF and RSF, strengthening reserves position amid external financing pressures and ongoing macroeconomic stabilisation efforts. State Bank of Pakistan has received about US$1.3 billion from the International Monetary Fund following disbursements under the …
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Attempts to conceal alleged financial irregularities and missing inventory BeNewz Report QUETTA: A massive fire erupted at a Pakistan Customs warehouse in the Lak Pass area of Balochistan on Sunday, injuring at least 37 people and destroying goods and vehicles worth billions of rupees, rescue officials said. The blaze triggered …
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Aftab Maken ISLAMABAD: The Federal Board of Revenue (FBR) temporarily sealed the Blue Area branch of Tehzeeb Bakers in Islamabad during an enforcement action linked to alleged tax compliance and invoicing irregularities, according to media reports and officials familiar with the matter. The action was reportedly taken as part of …
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Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) Executive Board on Friday approved the latest review of Pakistan’s economic reform programme, paving the way for the release of $1.2 billion in financing under the ongoing bailout arrangement and signaling continued international support for the country’s stabilisation efforts. The approved disbursement …
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Aftab Maken ISLAMABAD: Pakistan’s short-term inflation, measured through the Sensitive Price Indicator (SPI), increased by 0.79 percent during the week ended May 7, 2026, mainly due to a sharp rise in the prices of chicken, fuel, and essential food items, according to data released by the Pakistan Bureau of Statistics …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a series of sectoral initiatives and technical supplementary grants aimed at boosting housing finance, education, energy supply, and electric vehicle adoption, according to an official statement. The meeting, chaired by Finance Minister Senator Muhammad Aurangzeb at the Finance Division …
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Aftab Maken ISLAMABAD: Pakistan’s trade deficit widened sharply in April 2026, as a steep surge in imports outpaced export growth, according to official data released by the Pakistan Bureau of Statistics. The merchandise trade gap rose to Rs 1.139 trillion, equivalent to $ 4.074 billion, marking a 43% increase compared …
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Aftab Maken ISLAMABAD: Indus Motor Company is facing declining profitability and rising market pressure during the first nine months of fiscal year 2026, with its net profit margin slipping to 10%. Financial data shows the margin stood at 11% in the same period last year, indicating a gradual erosion in …
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