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March 31, 2025
Nod for sugar import still not given as retail prices stay above govt cap
Top official sources claimed that government has deferred import of raw sugar in one of its internal meetings in recent days
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March 29, 2025
Govt all set to reduce power tariff
According to proposal, reduction will be facilitated through an increase in tariff differential subsidy
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March 28, 2025
FTO hails restoration of teachers tax rebate
Resultantly, FTO Secretariat kept deciding complaints filed by teachers’ community by considering teachers rebate as admissible
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March 28, 2025
IMF allows Re1 cut in power tariff
IMF maintains its Rs50 billion target for current fiscal year, despite only Rs1.3 million collected so far under TDS
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March 27, 2025
Second quarter GDP growth reaches 1.73%
Major crops in agriculture and industrial sectors witness contractions and remain negative
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March 27, 2025
IMF team due in May to finalise FY26 budget
Lender's Executive Board to consider approval of $2.3bn with expectations that govt will be able to secure loan amount in first week of May 2025
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March 26, 2025
Balochistan laments delay in projects’ funding
Ministry of Finance informed committee that it had received 30 project proposals under PSDP 2024-25
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March 26, 2025
ECC okays $500m hike in Reko Diq cost, development plan
Valuation of Reko Diq jacked up to $6.7 billion from previous $6.2 billion
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March 26, 2025
Inflation to lower in March as inflationary pressures ease: report
A woman checks the smell of rice at a market. — AFP/FileISLAMABAD: Inflation in Pakistan is expected to inch up in April 2025, even as the economy...
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March 25, 2025
Govt takes steps to set up Tax Policy Office
Govt advertises multiple positions for Tax Policy Unit set to be established in Ministry of Finance
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March 24, 2025
IMF says 'no' to FBR plea for reduction in property sector transaction rates
Lender shows willingness to augment existing $7bn EFF with climate finance under RSF
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March 22, 2025
Roadmap for cryptocurrency: PCC charts future with blockchain, calls for unified regulation
Blockchain technology is distributed digital ledger that records transactions in secure and transparent way
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March 22, 2025
IMF agrees to FBR plea for 2% cut in tax on property purchase
Lender consents to reduction in FDE on property purchasers, while duty on sellers will remain intact
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March 21, 2025
‘Breaches’ found in online Customs clearance system
FBR chief confirmed that the DG Post Clearance Audit would present its findings within three weeks
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March 20, 2025
$100m Saudi oil facility resumes this month
Pakistan has so far fetched $2.49 billion from multilateral creditors in first eight months
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March 20, 2025
Govt caps retail sugar price at Rs164 per kg
Deputy Prime Minister Ishaq Dar announces govt's moves after holding talks with Pakistan Sugar Mills Association
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March 19, 2025
Sugar crisis: CCP warns against anti-competitive activities
CCP has consistently intervened to enhance transparency and competitiveness in sugar sector
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March 18, 2025
$7bn EFF staff level agreement: IMF shares MEFP draft with govt for consensus
IMF has asked FBR to devise stringent mechanism for discouraging under invoicing and smuggling
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March 18, 2025
Dar asks millers to reduce sugar retail prices
With average sugarcane price of Rs450 per 40 kg, raw material cost translates to Rs1125-1150 per 100 kg of sugarcane
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March 17, 2025
Shehbaz okays action to contain sugar prices
Govt places officials of FBR and intelligence agencies on sugar mills premises after sugar sector minted unjustified profits of Rs140bn
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March 16, 2025
IMF says making progress on Pakistan review, new climate loan
It was agreed to implement video surveillance of manufactured goods, though main objectives of this measure were not fully clarified
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March 16, 2025
Pakistan, IMF have yet to reach staff-level accord
The International Monetary Fund logo is displayed outside its headquarters in Washington, DC, on October 8, 2022. — AFPISLAMABAD: Pakistan and...
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March 15, 2025
IMF and Pakistan make progress to staff level agreement, says mission chief
Fund's mission, Pakistani authorities to continue policy discussions via video conference
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March 15, 2025
IMF agrees to scrapping of Tajir Dost Scheme
This measure aims to accurately gauge real production levels and bring more goods into tax net
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March 14, 2025
IMF agrees to cut FBR tax collection target by Rs620bn
Official said that they convinced IMF not to raise taxes despite witnessing shortfall in first eight-month period
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March 13, 2025
Illicit cigarettes causing loss of Rs300bn annually: report
Formal sector, which contributes over 98% of tax revenue collected from industry, is shrinking
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March 13, 2025
$7bn bailout review approval: IMF likely to retrospectively endorse delay in agriculture tax collection
IMF team asks provinces to convert collection of GST on services from positive to negative list from next fiscal year 2025-26
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March 12, 2025
Over 70 real estate agents on FBR radar for 'dollar transfer to UAE via Hundi'
Amount runs into millions of dollars as exchange rate witnessed slight pressures in recent couple of weeks
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March 08, 2025
IMF objects to govt move to borrow Rs1.25tr for circular debt resolution
IMF, Islamabad are set to commence policy level talks from next week after broadly accomplishing technical round of talks
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March 07, 2025
IMF asked to lower tax rates for major sectors
Tax machinery is projected to fetch more than Rs100bn additional into national kitty over three months
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March 07, 2025
Tariff plan for rooftop solar panel users shared with IMF
IMF raised concerns over how government would address issue of solar panel owners who remain off-grid
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March 06, 2025
IMF projects Rs490bn shortfall in FBR revenue target for fiscal year
During discussions with IMF, FBR officials insisted they would meet target
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March 05, 2025
Starlink’s registration with regulatory body in process: PTA chairman
PTA reaffirms its commitment to fostering innovation and enabling emerging technologies for nationwide connectivity
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March 05, 2025
Pakistan ‘well positioned’ for first review of IMF bailout: Aurangzeb
FBR is facing gigantic task for avoiding mini-budget through agreed contingency measures
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March 04, 2025
Rs250bn to be collected from retailers to curtail shortfall
IMF review mission to kick-start formal parleys with Islamabad from today
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March 02, 2025
Salaried class income tax contribution outpaces exporters, retailers
People work at their stations at an incubation centre. — AFP/FileISLAMABAD: The contribution of salaried class has outpaced exporters and...
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March 01, 2025
Shehbaz hails economic conditions ‘improvement’
Govt striving for putting in place business and investment friendly policies, says premier
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February 28, 2025
Ministry expects deficit to reduce this fiscal
Favourable weather conditions are crucial for achieving production targets
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February 28, 2025
Senate panel regrets no clarity over flood aid utilisation despite 11 meetings
Officials reported that significant portion of projects had been completed, with 90% completion status
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February 27, 2025
Senate panel refers halt in Pak-Iran barter trade to PM, cabinet
Over 600 trucks stuck up at Pakistan-Iran border, causing losses of $2.2 million per day
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February 26, 2025
Govt to consider establishing National Crypto Council
Finance minister stresses govt's commitment to exploring digital assets and integrating blockchain technology
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February 25, 2025
IMF opens talks on carbon levy, $1.5bn climate finance
Govt concedes that that financial constraint results in meagre allocation for PSDP
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February 22, 2025
Two IMF missions due for talks on climate finance, EFF review
Technical team will be in country starting in late February to discuss technical issues related to possible RSF arrangement
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February 21, 2025
Islamabad working to slash baseline tariff by Rs8 to 10 per unit
This overall revenue shortfall might go close to Rs1 trillion in whole financial year
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February 21, 2025
Pakistan's inability to generate revenues key issue: IMF
Binici says larger fiscal burden arose mainly because there are certain sectors which are not contributing to national exchequer
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February 20, 2025
Power firms losing around $1bn a year due to line losses, theft
Core of these challenges is high levels of operational and credit risks inherent in DISCOs’ business model
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February 19, 2025
IMF review mission visit likely in first week of March
First review and approval of a $1 billion tranche by Executive Board of IMF is scheduled to be done by April 2025
