Pakistan govt restores 18pc GST on sugar
- 30-Apr-2026
ISLAMABAD: The Pakistan government has reinstated an 18 per cent sales tax on imported sugar, according to a notification issued. The concession had originally been introduced in August 2025 to improve domestic sugar availability. At the time, the sales tax on imported sugar was reduced from 18 per cent to 0.25 per cent. The notification […]
IMF executive board to review Pakistan’s next loan tranche on May 8
- 26-Apr-2026
ISLAMABAD: Pakistan is set to receive the next tranche of its International Monetary Fund (IMF) loan program, as the financial watchdog Executive Board has scheduled a crucial meeting on May 8 to consider the approval. According to official sources, the board is expected to approve more than $1.2 billion for Pakistan under the ongoing program. […]
IMF urges Pakistan to shift all public funds to Treasury Single Account
- 25-Apr-2026
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan to ensure that all public sector entities deposit their funds into a Treasury Single Account (TSA) instead of keeping them in commercial bank accounts. According to sources, the IMF has expressed concern that government entities have collectively parked over Rs1 trillion in commercial banks rather than […]
IMF 'pushes' for strict rules on imported vehicles in Pakistan
- 24-Apr-2026
The International Monetary Fund (IMF) has reportedly demanded the introduction of the strictest procedures for imported vehicles in Pakistan, ARY News reported on Friday, citing well-placed sources. According to sources in the Ministry of Industries and Production, from 1 July, strict standards and verification procedures will be implemented for vehicle imports. The IMF has stated […]
Pakistan decides to cut import duties, remove non-tariff barriers
- 23-Apr-2026
Islamabad: The federal government is considering reducing import duties and removing thousands of non-tariff barriers to facilitate trade and improve market access. According to sources, more than 2,660 non-tariff barriers, currently discouraging imports, are set to be gradually eliminated. These include restrictions affecting the import of mobile phones, cars, dairy products, textiles, steel bars, and […]
Pakistan decides to increase Eurobond issuance to over $1 billion
- 21-Apr-2026
ISLAMABAD: Pakistan has decided to increase its Eurobond issuance to $1 billion from $750 million, sources said on Tuesday, a day after the government had raised the issuance size from $500 million to $750 million. According to Ministry of Finance sources, the federal government will issue an additional $250 million in Eurobonds as part of […]
Pakistan’s INMOL Cancer Hospital joins IAEA global network in major milestone
- 19-Apr-2026
In a significant achievement for Pakistan, Lahore’s Institute of Nuclear Medicine & Oncology Lahore (INMOL) has been included in the global network of the International Atomic Energy Agency (IAEA). The INMOL Cancer Hospital in Lahore has formally been awarded the status of a collaborating centre, with a commemorative plaque presented to mark the recognition. The […]
FBR reduces Islamabad property valuation rates by up to 33%
- 17-Apr-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the fair market valuation rates of immovable properties across several sectors of Islamabad by up to 33%, following objections raised by real estate associations. According to officials, property dealers and real estate stakeholders had complained that valuation rates in certain areas were significantly higher than prevailing […]
Pakistan receives $2bln Saudi inflow, confirms SBP
- 16-Apr-2026
Saudi Arabia has extended financial support to Pakistan by depositing $2 billion into the account of the State Bank of Pakistan, the central bank confirmed on Thursday. A day earlier, Finance Minister Muhammad Aurangzeb announced that Saudi Arabia has committed $3 billion in additional financial support for Pakistan, with disbursement expected next week. He further […]
Pakistan to further 'slash' development budget to fund petrol subsidy
- 15-Apr-2026
The Pakistan government has decided to create additional fiscal space for a petrol subsidy by further reducing the federal development budget, ARY News reported on Wednesday, citing sources. As per details shared with ARY News by sources familiar with the development an additional Rs63 billion cut has been approved, bringing the total reduction in the […]