BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb and World Bank officials reviewed Pakistan’s tax reforms, debt management strategy and institutional transformation plans during talks in Islamabad on Monday. Federal Minister for Finance and Revenue Muhammad Aurangzeb held discussions with a World Bank delegation led by Bolormaa Amgaabazar to review progress …
Read More »Trade deficit jumps 43% in April 2026
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 …
Read More »Aurangzeb says $1.2bn IMF tranche due next month
–Govt shifts toward commercial financing, plans Panda bond Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund next month, marking a key step under the ongoing economic reform programme. Speaking to media in Islamabad, the minister said …
Read More »ECC notes easing inflation, approves key spending
–Price stability improves as govt clears multiple proposals Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) on April 27 noted early signs of price stability and easing inflationary pressures on essential commodities, as the government moved to sustain gains through continued monitoring and policy coordination. The meeting, chaired by Finance …
Read More »Senior custom officers suspended in silver scam
–FBR names eight suspended officers in expanding silver swap case as criminal investigation proceeds under FIR filed earlier this month Aftab Maken ISLAMABAD: Federal Board of Revenue (FBR) on Sunday late night named eight customs officers suspended after fresh findings in a high-profile silver swap investigation pointed to direct involvement, …
Read More »Pakistan pays UAE $2bn deposit repayment
–Pakistan repays $2bn to UAE, managing external obligations without major hit to forex reserves Aftab Maken KARACHI: Pakistan has repaid $2 billion to the United Arab Emirates, fulfilling a key external obligation while maintaining relative stability in its foreign exchange reserves, according to the State Bank of Pakistan. The central …
Read More »IMF sets tax recovery condition for Pakistan
Aftab Maken ISLAMABAD: Pakistan must collect Rs322 billion from court rulings before IMF board review, as authorities scramble to offset a major tax shortfall and unlock $1.2 billion in fresh financing. Pakistan’s International Monetary Fund has imposed a key prior action requiring the Federal Board of Revenue to recover Rs322 …
Read More »Bahria Town Executive Jailed 10 Years in AML
Islamabad court convicts Bahria Town executive Khalil ur Rehman in a Rs 1.6bn money laundering case, imposing a 10-year sentence and Rs25m fine in a major FIA prosecution Aftab Maken ISLAMABAD: An Islamabad court sentenced Bahria Town executive Khalil ur Rehman to 10 years imprisonment in a major money laundering …
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