Insurance Bill 2026 introduced in National Assembly
- 19-May-2026
The federal government on Tuesday introduced the Insurance Bill 2026 in the National Assembly to make insurance services simpler, faster and more accessible for citizens through digital platforms. The legislation, proposed by the Securities and Exchange Commission of Pakistan (SECP), seeks to replace the 25-year-old Insurance Ordinance, 2000 and facilitate quicker claim settlements and stronger […]
IMF 'urges' provinces to raise additional Rs400 billion in budget 2026-27
- 19-May-2026
The International Monetary Fund (IMF) has asked Pakistan’s provinces to generate an additional Rs400 billion in revenue in the upcoming federal budget, ARY News reported on Tuesday, citing sources familiar with the discussions. Sources said the Pakistan government has initiated consultations with provincial authorities regarding measures aimed at increasing provincial revenues during the next fiscal […]
IMF 'pushes' Pakistan for Rs500bln in additional taxes ahead of budget 2026-27
- 18-May-2026
ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to generate an additional Rs500 billion through new taxes, as negotiations have entered the final round over the federal budget for the next fiscal year, ARY News reported on Monday, citing sources. Sources said the Federal Board of Revenue (FBR) plans to fully implement a digital […]
FPCCI proposes tax relief for salaried class in budget 2026-27
- 17-May-2026
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has submitted a series of proposals to the Ministry of Finance for the budget 2026-27, including major tax relief measures for salaried individuals and businesses. Among the key recommendations is a proposal to reduce income tax rates for the salaried class by five per […]
IMF projects 3.6% growth for Pakistan in FY2026-27
- 15-May-2026
The International Monetary Fund (IMF) has stated that Pakistan’s economy is showing signs of stability following the latest review under its loan programme, despite challenging global conditions and the ongoing conflict in the Middle East. According to the IMF report, Pakistan succeeded in meeting several key economic targets under the Extended Fund Facility (EFF) […]
Financial Institutions Amendment Bill 2026 proposes property seizure for loan defaulters in Pakistan
- 14-May-2026
The National Assembly Standing Committee on Finance has approved the “Financial Institutions Amendment Bill 2026”, under which banks could be granted expanded powers to take possession of properties belonging to loan defaulters in Pakistan. According to details, the proposed legislation introduces stricter measures against individuals who fail to repay bank loans in Pakistan, including property […]
IMF 'urges' Pakistan for strict monitoring of transactions in real estate sector
- 12-May-2026
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan to strengthen monitoring mechanisms for suspicious financial transactions in the real estate sector amid concerns over money laundering and weak regulatory oversight, ARY News reported on Tuesday, citing sources. According to sources, the IMF expressed concern over the low number of suspicious transaction reports being filed […]
IMF approves $1.2 billion tranche for Pakistan
- 08-May-2026
WASHINGTON: The International Monetary Fund (IMF) has approved a $1.2 billion tranche for Pakistan, ARY News reported. According to reports, the IMF Executive Board meeting was held in Washington, where the release of the fourth installment of $1 billion under Pakistan’s existing loan programme was approved. In the same meeting, the IMF also approved $200 […]
Pakistan likely to receive $1.2 billion IMF tranche as board meets today
- 08-May-2026
ISLAMABAD: Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund (IMF) soon, as the Fund’s Executive Board meets to review the country’s performance, ARY News reported on Friday, citing official sources. Sources said the International Monetary Fund (IMF) board is holding its meeting on Friday, with approval of the disbursement […]
Pakistan set to get fourth IMF tranche under EFF programme: sources
- 07-May-2026
ISLAMABAD: Pakistan is likely to receive more than $1.2 billion under its ongoing loan programme with the International Monetary Fund (IMF), as the lender’s Executive Board is scheduled to meet on May 8, ARY News reported citing sources. According to officials, the board will consider approval of the next tranche following the successful completion of […]