Federal Government Urges Provinces to Accelerate IMF Reforms Ahead of Key Review Deadline
The federal government has pressed Pakistan’s provincial administrations to urgently resolve pending IMF-related commitments and fiscal targets to ensure smooth progress in the second review of the $7 billion Extended Fund Facility (EFF), as well as the $1.4 billion Resilience and Sustainability Facility (RSF), with key reforms hanging in the balance.
Pakistan to Privatise 82% Stake in First Women Bank as UAE Firm Secures Majority Ownership
Pakistan is set to privatise its 82.64% stake in First Women Bank Limited through a G2G deal with a UAE-based firm, marking a significant step in the country’s privatisation programme aimed at revitalising state-owned institutions and attracting foreign investment.
Pakistan’s Public Debt Declines by Rs765 Billion, Signaling Fiscal Stability
Pakistan’s total public debt fell by Rs765 billion in August 2025, reflecting improved fiscal management and growing investor confidence as the government intensifies its efforts toward economic stabilization and debt sustainability.
Government Retires Rs. 1.13 Trillion SBP Debt Early, Strengthening Fiscal Discipline
Pakistan’s federal government has retired Rs. 1.13 trillion of debt owed to the State Bank of Pakistan ahead of schedule, marking a historic repayment that reflects fiscal discipline, improved revenues, and stronger debt management strategies.
Pakistan Updates Public Finance Management Act 2019 to Strengthen Fiscal Transparency
The federal government has updated the Public Finance Management Act, 2019 with amendments up to June 2024, expanding fiscal responsibility, enhancing oversight of public funds, and strengthening transparency to align Pakistan’s financial framework with global best practices.
Pakistan Moves to Tackle PKR 2.3 Trillion Circular Debt with Coordinated Financial and Digital Strategy
Pakistan’s government, central bank, and power sector stakeholders are rolling out a coordinated strategy to resolve the country’s massive PKR 2.3 trillion circular debt, combining financial restructuring, digital monitoring, and redirected cash flows to revive economic stability.
Pakistan Government Clears Rs500 Billion SBP Loan Ahead of Schedule, Strengthening Debt Profile
Pakistan retires Rs500 billion in central bank loans four years before maturity, signaling disciplined fiscal governance, reduced debt risks, and major interest cost savings for the economy.
PSX Releases Term Sheet for 10-Year Fixed Rate GoP Ijarah Sukuk to Deepen Islamic Capital Market
The Pakistan Stock Exchange has published the term sheet for a 10-year fixed rate zero-coupon GoP Ijarah Sukuk, aiming to raise Rs25 billion through a Shariah-compliant issuance maturing in 2035.