–Pakistan’s tax authority falls behind revised collection goal in first 10 months, raising fiscal concerns Aftab Maken ISLAMABAD: Federal Board of Revenue (FBR) has failed to meet its revenue collection target during the first 10 months of fiscal year 2025-26, with a shortfall of Rs 683 billion, according to provisional …
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Aftab Maken ISLAMABAD: Pakistan’s economy showed signs of stress despite improvements in select indicators during the first eight months of FY2026, with rising inflation, widening trade deficit, and falling foreign investment highlighting persistent vulnerabilities. The Finance Division’s Monthly Economic Update for March 2026 reported mixed performance, as gains in remittances …
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–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 …
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BeNewz Report ISLAMABAD: The State Bank of Pakistan (SBP) has completed the repayment of a total of $3.45 billion in deposits to the United Arab Emirates, marking a significant development in the country’s external debt obligations and liquidity management. According to official sources, the central bank repaid $1 billion to …
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BeNewz Report KARACHI: Pakistan has received a significant financial boost as the State Bank of Pakistan confirmed that the second tranche of $1 billion out of a $3 billion deposit from Saudi Arabia has been credited to the country’s deposits. Earlier, the first tranche of $2 billion was received on …
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–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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