Khurram Schehzad Counters BBC’s Pessimistic Narrative, Highlights Pakistan’s Economic Turnaround
Finance Minister’s Advisor Khurram Schehzad has refuted BBC Urdu’s bleak portrayal of Pakistan’s economy, citing solid data on GDP growth, inflation control, investment inflows, and structural reforms that are driving the country toward sustained recovery and renewed investor confidence.
Pakistan plans debt maturity extension to strengthen financial resilience and lower refinancing risks
Finance Minister Muhammad Aurangzeb has announced plans to extend the maturity of Pakistan’s domestic and external debt portfolios to lower refinancing and interest rate risks, aligning with broader economic stability and financial resilience objectives.
Pakistan and IMF begin talks on $7bn Extended Fund Facility and RSF reviews
Pakistan and the IMF have opened talks on the $7 billion Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) reviews, focusing on fiscal performance, governance reforms, and anti-money laundering measures.
FBR Falls Short of FY25 Tax Target by Nearly Rs. 1.5 Trillion Despite Revisions
Pakistan’s Federal Board of Revenue missed its FY25 tax collection target by almost Rs. 1.5 trillion, signaling deep fiscal pressures even after two downward revisions.