IMF Proposes Record Rs15.6 Trillion Tax Target for Pakistan Amid Fiscal Deadlock
The IMF suggests a Rs15.6 trillion tax target and new levies on fuel and solar users for Pakistan’s FY27 budget, sparking intense negotiations with federal authorities.
IMF Rejects Pakistan’s Request to Freeze 15% Gas Levy on Captive Power
The IMF denies Pakistan’s proposal to exempt efficient industrial units from the 15% gas levy, insisting on higher costs to push industries toward the national grid.
FBR to Recover Rs100 Billion in Super Tax Late Payment Surcharges After Court Ruling
Pakistan informs IMF of plans to recover over Rs100 billion in surcharges from firms that delayed super tax payments through legal challenges.
State Bank of Pakistan Reports Surge in Foreign Exchange Reserves to 21.5 Billion Dollars
Pakistan’s total liquid foreign exchange reserves hit 21.598 billion dollars as the State Bank and commercial banks report significant weekly gains driven by remittance inflows.
IMF Mission Reports Progress on Pakistan Economic Review as Extended Fund Facility Talks Move Toward Conclusion
The International Monetary Fund mission led by Iva Petrova highlights significant progress in Pakistan’s third EFF and second RSF reviews following two weeks of high-level discussions.
IMF Delegation Arrives in Karachi for Third Review of Pakistan’s EFF Programme, Talks to Begin Monday
IMF delegation lands in Karachi for the third review of Pakistan’s Extended Fund Facility programme, with discussions on tax revenue, SBP measures, and potential $200 million RSF tranche set to begin in Islamabad.
IMF Delegation Begins Third EFF Review Talks with Pakistan Amid Fiscal Surplus and Reform Push
IMF delegation arrives in Pakistan for the third review under the $7 billion EFF programme and second RSF review, as officials highlight fiscal surplus, current account gains, and reform progress.
IMF Says Pakistan Economy Stabilises Under EFF as Third Review Talks Begin February 25
IMF says Pakistan’s policy efforts under the Extended Fund Facility stabilise the economy, with strong fiscal performance and a 1.3% primary surplus as review talks start February 25.
Pakistan Meets Key IMF Fiscal Benchmarks but Revenue Reforms Lag as FBR Misses Targets
Pakistan fulfils three major IMF fiscal conditions through non-tax revenues, but weak FBR performance and failure to broaden the tax base raise concerns ahead of the next IMF loan review.
FBR Proposes Gradual Recovery of Rs217 Billion Super Tax to Protect Businesses
FBR Chairman assures phased collection of Rs217 billion in super tax arrears to prevent business closures, while senators warn against sudden tax burdens.