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Islamabad: The Ministry of Finance has revealed that over Rs. 3 trillion in taxes has been collected from mobile phone users in Pakistan over the…
The federal government is set to lower the solar net metering tariff to Rs. 7.5-11 per unit, a significant drop from the current rate of…
The Pakistan Stock Market (PSX), fuelled by economic stability and budgetary consolidation, is expected to reach 127,000 by December 2025, representing a 37% return with…
KARACHI: The State Bank of Pakistan (SBP) is anticipating $500 million from the Asian Development Bank (ADB) this week, and higher foreign inflows are expected…
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain from banks, hospitals, and multinational companies. Asad Ejaz Butt, a…
ISLAMABAD: In the first quarter of the current fiscal year (July-September), Pakistan’s foreign assistance inflows dropped 60% to $2.3 billion, from approximately $5.73 billion in…
The Federal Board of Revenue (FBR) is expected to face a revenue shortfall of Rs. 90 billion in October 2024 According to FBR sources, the…
A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while unemployment is also rising. The report…
The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt, before being appointed as the SBP’s…
The International Monetary Fund (IMF) approved a $500 million disbursement to Pakistan for budgetary support after its Executive Board completed delayed reviews of Pakistan’s $6…
Prime Minister Imran Khan has finally given the green light to the long-rumored increase in electricity prices. The move has been motivated by the need…
According to the Annual Report on Foreign Economic Assistance published by the Ministry of Economic Affairs, Economic Affairs Division (EAD), the Government of Pakistan (GOP)…