KARACHI ,May 22,2026 : Commercial importers have urged the federal government to remove the tax gap between commercial and industrial raw material imports. They argued that the current system encourages tax avoidance and causes major revenue losses to the national exchequer. According to industry sources, higher taxes on commercial imports …
Read More »PSX Raises Rs76.3bn for Finance Ministry in 6th GoP Hybrid Sukuk Auction
Karachi, 21 May: Pakistan Stock Exchange Limited (PSX) raised Rs76.286 billion for the Ministry of Finance through the 6th Auction of Government of Pakistan Hybrid Sukuk (GHS) held on May 20, 2026. This reflects strong investor demand for Shariah-compliant government securities. Moreover, Meezan Bank served as Joint Financial Advisor. It …
Read More »Government’s Economic Policies Yielding Positive Results, Chairman ECAP, Malik Muhammad Bostan
KARACHI (May 21, 2026): Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has said that the continuous improvement in Pakistan’s foreign exchange reserves, growing confidence of the IMF in the current government, and the strengthening of the Pakistani rupee against the US dollar are encouraging signs …
Read More »Pakistan needs development-focused budget beyond short-term stabilization: Experts
Islamabad, May 20: Experts have urged Pakistan to shift the upcoming federal budget from short-term stabilization to long-term development. They called for stronger focus on exports, food security, investment, and inequality reduction. However, they warned that without political will, reliable data, and institutional coordination, Pakistan may continue to face stagflation, …
Read More »IMF Cuts Pakistan GDP Forecast for FY27,
KARACHI, May 12, 2026: The International Monetary Fund (IMF) has revised Pakistan’s macroeconomic outlook following the approval of the third review, lowering the country’s projected GDP growth for FY27 to 3.5% from its earlier estimate of 4.1%. The updated projections also indicate higher inflation expectations, reduced foreign exchange reserve targets, …
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