Government Maintains Fuel Prices by Increasing Petroleum Levy
IMF Conditions Lead to Rs. 10 Per Liter Hike in Levy The Federal Government has decided to maintain current fuel prices by increasing the petroleum levy on petrol and diesel,…
Pakistan Secures IMF Deal, Avoids Mini-Budget Before June
Successful Negotiations with the IMF Pakistan has successfully negotiated with the International Monetary Fund (IMF) to avert a mini-budget before the fiscal year ends in June 2025. The government has…
Pakistan Government Delays Decisions on SBP Dual Nationals and Carbon Levy
Policy Uncertainty Continues as Key Economic Decisions Stalled The Shehbaz Sharif administration has once again postponed two critical policy decisions—whether dual nationals can hold top positions at the State Bank…
IMF Likely to Lower Pakistan’s Revenue Target Amid Fiscal Challenges
The International Monetary Fund (IMF) is expected to revise down Pakistan’s revenue collection target for the current fiscal year, reducing it by Rs. 490 billion from the original Rs. 12,970…
FPCCI Urges Major Interest Rate Cut to Boost Economic Growth
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), expressed dissatisfaction with the monetary policy, stating that it continues to impose a heavy premium…
No Decision on Fuel Price Deregulation, Petroleum Ministry Assures Consultation
The Petroleum Ministry has clarified that no decision has been made regarding fuel price deregulation and assured that dealers will be consulted before any final move. Dealers Threaten Strike Over…
SBP’s Foreign Exchange Reserves Decline Amid Debt Repayments
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have declined once again, according to the latest data released by the central bank on Thursday. SBP Reserves…
Azerbaijan to Acquire JF-17 Thunder Jets from Pakistan, Eyes Joint Production and $2 Billion Investment
Azerbaijan is set to receive its first batch of JF-17 Thunder fighter jets from Pakistan, with ongoing discussions for future joint production. This was confirmed by Information Minister Atta Tarar…
Gold Prices Drop by Rs. 2,000 per Tola in Pakistan
The price of 24-karat gold per tola fell by Rs. 2,000, settling at Rs. 307,000 on Friday, compared to Rs. 309,000 on the previous trading day, according to the All…
ECC Approves Income Tax Exemptions for ICC Champions Trophy 2025 & Key Economic Decisions
Tax Exemptions for ICC Revenues In a crucial meeting held in Islamabad, the Economic Coordination Committee (ECC) of the Cabinet, chaired by Minister for Finance and Revenue, Senator Muhammad Aurangzeb,…
