Gold continued its record-breaking surge in both local and international markets on Saturday. In Pakistan, the price of gold per… Read More
FBR Sets Up Special Office to Combat Smuggling and Under-Invoicing
The Federal Board of Revenue (FBR) has established the Office of the Director General (Special Initiatives — Customs) to identify… Read More
World Bank Approves $300 Million Loan for Smog Mitigation Project in Punjab
The World Bank has approved a $300 million (Rs. 84 billion) loan to Punjab to reduce air pollution by introducing… Read More
FBR Misses Tax Collection Target for March 2025 by Rs. 107 Billion
The Federal Board of Revenue (FBR) has fallen short of its tax revenue collection target for March 2025 by Rs.… Read More
After Petrol and Diesel, Govt Increases Petroleum Levy on High Octane
The government has raised the petroleum development levy on High Octane Blending Component (HOBC) by Rs 20, bringing it to… Read More
Govt Seeks FDI Targets Data from Ministries, Departments
The federal government has directed ministries and departments to submit their Foreign Direct Investment (FDI) targets for the next three… Read More
Meezan Bank, ICAP to Establish Centre for Islamic Finance
Meezan Bank, Pakistan’s leading Islamic bank and The Institute of Chartered Accountants of Pakistan (ICAP) have recently signed a Letter… Read More
IMF Ties $1.3 Billion Climate Financing to Pakistan Completing Its Bailout Porgram
The International Monetary Fund (IMF) has linked Pakistan’s access to $1.3 billion in climate financing to the successful implementation of… Read More
SBP Buys $5.5 Billion For Interbank Market
The State Bank of Pakistan (SBP) purchased $5.52 billion from the interbank market between June and December 2024. Foreign exchange… Read More
Pakistan Repays $1 Billion Loan to Chinese Bank
Pakistan has repaid a $1 billion Chinese commercial loan, which lowered the country’s foreign exchange reserves to a six-month low… Read More
IMF Open to Tax Relief Measures in FY26 Budget
The International Monetary Fund (IMF) has shown willingness to consider tax relief measures in the upcoming budget for the fiscal… Read More
Finance Minister Hints At Launching $200 Million Panda Bond in Chinese Market This Year
Federal Minister for Finance Muhammad Aurangzeb on Wednesday hinted at the strong possibility of Pakistan issuing Panda Bonds in Yuan… Read More
