IMF and Pakistan Make “Significant Progress” to Staff Level Agreement: IMF
The International Monetary Fund (IMF) has announced substantial headway in discussions with Pakistani authorities regarding the first review of the
IMF Agrees to Lower Pakistan’s Tax Collection Target by Rs. 620 Billion
Pakistan and the International Monetary Fund (IMF) have agreed to revise the country’s fiscal framework, reducing the Federal Board of
Govt Approves Massive Reduction in Solar Net Metering Rates
The Economic Coordination Committee (ECC) of the Cabinet, under the chairmanship of Finance Minister Senator Muhammad Aurangzeb, met today and
Samba Bank Announces Plans to Convert to Islamic Banking
Samba Bank Limited has announced its intention to convert from a conventional bank to an Islamic banking institution, according to
Pakistan Proposes Over Rs. 15 Trillion Tax Target to IMF for Next Fiscal Year
The first economic review of Pakistan’s $7 billion bailout program is underway, with discussions between Pakistan and the International Monetary
Pakistan Seeks $2 Billion from Gulf Nations for Strategic Chagai-Gwadar Railway Track
Pakistan has approached Gulf countries for a $2 billion investment to construct a critical railway connection between Chagai and Gwadar,
Google Wallet Officially Launches in Pakistan
Google has officially launched its mobile payment service, Google Wallet, in Pakistan, bringing contactless payment capabilities to millions of smartphone
Govt Considers Increasing Levy on Petrol to Meet Tax Shortfall
Prime Minister Shehbaz Sharif’s government has once again postponed decisions on two critical policy matters – whether to allow dual
Petrol Prices Likely to Drop by Up to Rs. 15 Per Litre in Pakistan
Petrol prices in Pakistan are expected to see a significant reduction of Rs. 13 to Rs. 15 per litre in
Pakistan Gets IMF’s Green Signal for Reducing Electricity Prices
The International Monetary Fund (IMF) has approved a reduction in electricity prices for Pakistani consumers, according to sources close to
