Prime Minister Establishes Special Structural Committees to Overhaul and Finalize Federal Budget
The federal administration forms specialized panels under Deputy Prime Minister Ishaq Dar and Ahad Cheema to steer tax policy and enforcement strategies for the IMF program.
Federal Fiscal Review Clarifies Main Drivers Behind Increased Civil Government Operational Expenditure
Pakistan Civil Government spending rises 12.5 percent to Rs629 billion over nine months, with data showing healthcare and employee compensation as primary drivers.
Federal Budget Review Committee Assembles to Formulate Fiscal Measures for IMF Commitments
A high level budget review committee led by Foreign Minister Ishaq Dar convenes to design fiscal measures and taxes to align with upcoming IMF targets.
Pakistan Expands Treasury Single Account to 287 Entities in Major Public Finance Overhaul
The Ministry of Finance issues a landmark notification extending the Treasury Single Account to 221 current and 66 new entities to centralize federal cash management.
Ministry of Finance Orders Immediate Surrender of Unspent Funds to Finalize FY2025-26 Revised Estimates
The Finance Division mandates all federal departments to report savings by May 10 as part of a fiscal cleanup to prepare the upcoming budget and reallocate PSDP funds.
Government Transfer National Savings Operations to Debt Management Office for Improved Efficiency
The Finance Division officially shifts CDNS from the Budget Wing to the Debt Management Office to streamline government debt management and public saving schemes.
Finance Minister Muhammad Aurangzeb Assures Khyber Pakhtunkhwa Support for Economic Challenges
Federal Finance Minister Muhammad Aurangzeb met with KP Chief Minister Sohail Afridi to discuss provincial financial issues and reaffirm federal cooperation.
Pakistan Economic Outlook Faces Major Strain as Global Energy Crisis Triggers Billions in Import Costs
Pakistan’s import bill is projected to surge by up to $9 billion as Middle East tensions push global crude prices to $145 per barrel, forcing the government to evaluate digital subsidies.
Finance Division Takes Control of Tax Policy as Government Restructures FBR’s Role
In a major policy shift, the government of Pakistan has officially transferred responsibility for tax policy from the Federal Board…
Pakistan Stock Exchange Crosses 133,000 Points Mark Amid Optimism Over Budget and Economic Indicators
The Pakistan Stock Exchange surged beyond 133,000 points in intraday trade, fueled by a supportive tax environment for equities, easing inflation, and improving investor sentiment.