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: The International Monetary Fund (IMF) Executive Board has completed the second review of Pakistan’s 37-month Extended Fund Facility (EFF) arrangement and the first review under the 28-month Resilience and Sustainability Facility (RSF). This approval enables an immediate disbursement of approximately $1 billion under the EFF and $200 …
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BeNewz Report ISLAMABAD: The International Monetary Fund (IMF) has scheduled its Executive Board session on December 8 to approve a US$1.2 billion disbursement to Pakistan under two concurrent programmes. Islamabad and the IMF reached a staff-level agreement on October 14 covering the second review of Pakistan’s US$7 billion Extended Fund …
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Power Minister unveils six-year elimination plan, praises IMF-backed reforms and landmark bank deal Aftab Maken ISLAMABAD: Federal Minister for Power Division Awais Leghari announced that Pakistan’s entrenched issue of circular debt in the power sector will be entirely resolved within six years, under a structured reform plan already yielding results. …
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Aftab Maken ISLAMABAD: While a recent government report heralds a period of remarkable economic recovery for Pakistan, a closer look at the data reveals some underlying challenges that could temper the celebratory mood. The July 2025 “Economic Update” from the Finance Division, while celebrating a historic current account surplus and …
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Aftab Maken ISLAMABAD: The National Assembly’s Standing Committee on Finance convened today, reiterating its firm stance against government intervention in the sugar trade and urging a hands-off approach to pricing and imports. The committee meeting also highlighted ongoing discussions with the International Monetary Fund (IMF) regarding controversial tax exemptions on …
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Aftab Maken ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in fixed gas charges for domestic consumers, effective July 1, 2025. This move comes as part of a broader gas tariff revision in Pakistan 2025, aimed at adjusting cost recovery in the energy sector, said an …
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Staff Report KARACHI: The State Bank of Pakistan (SBP) has opted to maintain its key policy rate at 11 percent, signaling a cautious monetary stance in response to escalating global oil prices, significant geopolitical tensions, and an ongoing domestic economic recovery. The decision was announced today following a meeting of …
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Pakistan’s real estate sector is bracing for a major shift as the federal government considers a sharp increase in the Capital Gains Tax (CGT) on property sales. Sources say the government is weighing a proposal to raise the current 15% CGT rate to as high as 40% in the upcoming …
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Aftab Maken ISLAMABAD: There is a strong possibility that the federal government will maintain the current slabs of tax and duty on vehicles in the upcoming Budget 2025-26. Despite several proposals under consideration, the current import duties on automobiles are likely to stay unchanged, sources familiar with the development told …
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