–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 …
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–FM departed for the United States to attend IMF and World Bank Spring Meetings, aiming to advance Pakistan’s reform agenda and secure investor confidence Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb left for the United States to participate in the annual Spring Meetings of the International Monetary Fund and the …
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–GDP growth for Q1 FY26 was revised down while key sectors showed weakening momentum despite a modest pickup in Q2 Aftab Maken ISLAMABAD: An economic growth outlook showed emerging weaknesses as the National Accounts Committee revised down first-quarter expansion and reported only moderate gains in the second quarter of FY2025-26. …
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–Trade deficit surged 24% in the first nine months of FY26 as imports rose and exports declined, official data showed BeNewz Report ISLAMABAD: The trade deficit expanded sharply during July–March FY2025-26, reflecting pressure on external accounts despite a monthly improvement in March, according to data released by the Pakistan Bureau …
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–Govt moves to tighten spending, improve transparency Aftab Maken ISLAMABAD: The Finance Ministry has decided to introduce major budgetary reforms under conditions set by the International Monetary Fund, aiming to strengthen fiscal discipline and improve transparency in public finances. Officials at the Ministry of Finance said work is underway on …
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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 …
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–Pakistan secures staff-level IMF deal, paving way for $1.2bn disbursement under EFF and RSF programs, reinforcing economic stabilization efforts BeNewz Report ISLAMABAD: Pakistan reached a staff-level agreement with the International Monetary Fund on key program reviews, unlocking about $1.2 billion in fresh financing, the lender said on Friday. The agreement …
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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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