Global Financial Leaders to Convene Emergency Summit as US Issues Ultimatum to Iran Over Oil Blockade
Leaders of the IEA, IMF, and World Bank will meet to address a historic energy crisis following the Iranian blockade of the Strait of Hormuz and US military threats.
State Bank of Pakistan Buys 12.4 Billion Dollars to Bolster Foreign Exchange Reserves
The State Bank of Pakistan leads a massive 12.4 billion dollar foreign exchange purchase strategy to stabilize the rupee and rebuild national reserves.
Prime Minister Shehbaz Sharif Seeks IMF Relief on Petroleum Levies Amid Iran War
Prime Minister Shehbaz Sharif directs the Finance Division to negotiate petroleum levy adjustments with the IMF to protect the public from global oil price hikes.
State Bank of Pakistan Prepared to Hike Interest Rates if Inflation Surges IMF
The IMF has signaled that the State Bank of Pakistan remains ready to increase interest rates to counter inflation risks driven by global energy prices and geopolitical tensions.
Pakistan and IMF Reach Staff Level Agreement for 1.2 Billion Dollar Disbursement
Pakistan is set to receive 1.21 billion dollars following a successful IMF review of the EFF and RSF programs, signaling improved economic stability despite global risks.
KSE-100 Index Sheds 1033 Points Amid Global Tensions and Rising Bond Yields
The Pakistan Stock Exchange faced a volatile week as the KSE-100 fell to 151,708 points despite IMF progress and new oil discoveries in the E&P sector.
Prime Minister Shehbaz Sharif Approves Real Estate Relief Package to Attract Overseas Investment
The federal government is finalizing a property sector tax relief package aimed at attracting overseas Pakistani investors amidst the Middle East conflict and boosting the construction industry.
PIA Privatization: Arif Habib Consortium Acquires 75% Stake; Fleet Expansion Planned
Arif Habib Group-led consortium acquires 75% stake in Pakistan International Airlines for Rs135 billion, plans to expand fleet to 64 aircraft and retain all employees for 12 months post-transaction.
Pakistan Receives $1.2bn IMF Tranche as SBP Reserves Set for Boost
The State Bank of Pakistan has received $1.2bn from the IMF under the EFF and RSF programs, strengthening foreign exchange reserves and easing external financing pressures.
IMF Calls on Pakistan to Implement Tax Reforms and Enhance Fiscal Transparency
The IMF has urged Pakistan to release a comprehensive tax simplification strategy, reduce exemptions, and improve FBR accountability before the next fiscal year’s budget to strengthen fiscal management.