Pakistan and IMF Talks End in Deadlock Over 1.7 Trillion Rupee Gas Circular Debt
Virtual negotiations between Pakistan and the IMF stalled over a mechanism to write off 1.7 trillion rupees in gas sector circular debt as total debt tops 3.3 trillion.
Prime Minister Formates Committee to Select IMF Senior Adviser Candidate
A ministerial committee will interview three finance ministry nominees for the post of senior adviser to the IMF Executive Director in Washington.
State Bank of Pakistan Confirms Record Breaking General Workers Remittances of Over Forty One Billion Dollars For Fiscal Year
Overseas Pakistanis send a historic forty one point six billion dollars in remittances during the fiscal year, reinforcing national foreign exchange reserves and economic stability.
Regulatory Delays and Subsidized LNG Allocations Leave SNGPL with 819 Billion Rupees Deficit
Official documents reveal Sui Northern Gas Pipelines Limited faces an immense fiscal burden due to long-term gas tariff freezes and legacy debt.
Pakistan Finalizes National Airline Privatization and Outlines Airport Outsourcing Timeline
The privatization of Pakistan International Airlines reaches its final stage with full transfer of ownership expected this month following comprehensive regulatory clearances.
International Monetary Fund Rejects Pakistan Concessionary Tax Proposal for New Energy Vehicles
The IMF opposes Pakistan’s plan to apply a reduced one percent sales tax on new energy vehicles, disrupting finalization of the upcoming Auto Policy 2026 31.
Pakistan Plans 2 Billion Dollar Capital Market Raising via Bonds as Saudi Oil Facility Zeroed in Budget
The federal budget documents for fiscal year 2026-27 reveal plans to raise 2 billion dollars through Eurobonds Panda bonds and Sukuk alongside no new Saudi oil financing.
Pakistan Foreign Economic Assistance Surges 75 Percent to 12 Billion Dollars over 11 Months
Pakistan records a substantial 75.7 percent increase in foreign economic assistance, securing 12.1 billion dollars in the first 11 months of fiscal year 2025-26.
Fitch Ratings Warns Capex Cuts Threaten Pakistan Medium-Term Growth
Global credit agency Fitch Ratings issued an economic warning indicating that aggressive spending reductions could undermine long term domestic fiscal recovery.
Power Division Dismisses Claims Of Punitive Tariff Reform Aimed At Halting Solar Energy Shift
The Power Division clarifies that its upcoming industrial electricity tariff proposal is entirely optional and denies imposing penalties on businesses transitioning to solar power.