IFC Approves $20 Million Loan For Novatex To Support Pakistan’s Packaging Industry
The International Finance Corporation has approved up to $20 million in financing for Novatex Limited to fund raw materials and equipment imports, support export-oriented industries and expand recycled PET production in Pakistan.
Federal Tax Ombudsman Orders FBR to Fix FASTER Sales Tax Refund System Flaw
The Federal Tax Ombudsman directs the FBR to correct a systemic software glitch in the FASTER sales tax refund system affecting Pakistani exporters.
Pakistan Businesses Call for Policy Reforms to Boost Competitiveness in 2026
As Pakistan approaches 2026, business leaders warn that high costs, weak competitiveness, and policy uncertainty could stall growth unless decisive reforms are implemented to support industry, exports, and investment.