

Revenue Without Return: The Taxpayer’s Alibi in Pakistan’s Fiscal Crisis
Pakistan’s tax crisis is less about unwilling taxpayers and more about state inefficiency, debt-driven governance, and misuse of resources. Despite record collections, citizens see little return for their contributions, leaving the fiscal system strained and trust eroded.

Understanding Pakistan’s Federal Budget: The Role of IMF Borrowing in Economic Strategy
Pakistan’s federal budget reflects a deep reliance on IMF programs, shaping fiscal priorities, debt management, and future growth strategies. Understanding the role of IMF borrowing is crucial to assessing the country’s economic path.

Pakistan’s Foreign Reserves Triple Without New Debt as SBP Charts Stability Path
Pakistan’s foreign exchange reserves have tripled to $14.5 billion without new debt, inflation has dropped to record lows, and the current account shows a surplus after 14 years, according to SBP Governor Jameel Ahmad, who also announced new digital finance initiatives to strengthen long-term stability.

SBP Boosts Reserves to 39-Month Peak on Robust Inflows and Aggressive Dollar Buying
The State Bank of Pakistan has raised its foreign exchange reserves to their highest level in over three years, supported by record remittances, dollar purchases from the market, and tight control on imports, reinforcing stability signals to investors.

Government Quietly Approves Over 50 Tax Exemptions Covering SBP, Fauji Foundation, Army Welfare Trust and More Under Finance Bill 2025-26
Pakistan’s Finance Bill 2025-26 quietly delivers over 50 tax exemptions benefiting state institutions, charitable organizations, and international financial bodies, raising questions on fiscal transparency and long-term economic impact.

SECP Draws Flak for Hosting Costly Registrar Conference at Malam Jabba Amid Austerity Push
The Securities and Exchange Commission of Pakistan is under fire for organizing an expensive Registrar Conference at Malam Jabba while the government calls for strict austerity, raising questions about regulatory priorities and public spending.

Late-Session Profit-Taking Drags PSX into Negative Territory Despite Strong Opening
The Pakistan Stock Exchange saw a sharp reversal on Thursday as late profit-taking erased early gains, with the KSE-100 Index falling over 250 points amid cautious investor sentiment following post-budget warnings and global market unease.

Pakistan’s Economic Survey 2024-25 Reveals Gradual Recovery, Focus on Stability and Reform
Pakistan’s Economic Survey 2024-25 reveals a 2.7% GDP growth, missed targets, and outlines policy shifts in debt management, tax reforms, remittance growth, and digital economic transformation, setting the stage for the FY2025-26 budget.