Pakistan Prepares for IMF Third Review as Finance Ministry Confirms Economic Stability
Pakistan is set to host an IMF delegation later this month for the third review of its economic program, with Finance Minister Muhammad Aurangzeb confirming fiscal stability, ongoing structural reforms, and no external financing gap in the submitted framework.
Pakistan Federal Revenue Plan and Provincial Autonomy Discussed at 11th NFC Meeting
Pakistan’s 11th National Finance Commission meeting discusses additional revenue mobilization, provincial autonomy on expenditures, and formation of seven working groups to address fiscal challenges.
FBR Admits Rs3.6 Trillion Sales Tax Gap, Pushes Digital Tracking for Retail Sector
The Federal Board of Revenue has admitted to a Rs3.6 trillion sales tax gap, highlighting structural challenges in Pakistan’s fragmented retail sector. Despite record enforcement claims, the FBR looks toward digital invoicing and supply chain tracking to address revenue losses.
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.
ADB Flags Political Instability, Security Risks and External Shocks as Top Threats to Pakistan’s Economic Recovery
The Asian Development Bank has highlighted political uncertainty, security threats, and external shocks as serious obstacles to Pakistan’s economic recovery, urging structural reforms and stronger private sector engagement to secure sustainable growth.