News Archives - Page 2 of 9

IMF Challenges Government Budget Framework

May 26, 2025

The International Monetary Fund has expressed significant concerns regarding multiple government budget targets, particularly those outlined in the public sector development program, according to reliable sources. Development Project Backlog Reaches…

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SNGPL AGM 2023-24 Summary

May 24, 2025

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Financial Highlights Profit Before Tax: Rs. 29,843 million Profit After Tax: Rs. 18,977 million Earnings Per Share: Rs. 29.92 Dividend Approved: Rs. 7.50 per share (75%) Key Achievements Unaccounted for…

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Rupee Continues Decline Against British Pound, US Dollar, and Other Major Currencies

May 24, 2025

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Overview The Pakistani rupee (PKR) weakened against the US Dollar (USD), British Pound (GBP), and most major currencies on Wednesday, closing in the red. Performance Against US Dollar Day-on-Day (DoD)…

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Federal Budget 2025-26: Major Tax Reforms Target Digital Economy and High Earners

May 24, 2025

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The federal government is preparing comprehensive tax reforms worth approximately Rs. 600 billion for the upcoming 2025-26 budget, according to analysis by Topline Securities. These measures target various sectors including…

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IMF Budget Negotiations Conclude with Conditions for Federal Budget 2025-26

May 24, 2025

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The International Monetary Fund's negotiating team wrapped up its latest discussions on Pakistan's federal budget for 2025-26 today, though virtual talks are expected to continue following the official budget announcement.…

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IMF Revises Pakistan’s GDP Forecast Downward to 2.6% Amid Declining Exports

May 21, 2025

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GDP Growth Outlook The International Monetary Fund (IMF) has lowered Pakistan’s GDP growth forecast for FY2024–25 to 2.6%, down from 3.2% projected in October 2023, citing weak crop output, subdued…

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PTA Targets Pakistani YouTubers for Anti-State Content

May 21, 2025

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Rising Anti-State Content on Social Media Amid escalating tensions between Pakistan and India, a surge of anti-state content and hate speech has surfaced on social media, particularly YouTube. Several bloggers,…

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Govt Plans to Increase Petroleum Levy in Upcoming Budget

May 21, 2025

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Petroleum Development Levy (PDL) Cap Removal The federal government has decided to eliminate the cap on the Petroleum Development Levy (PDL), enabling a potential increase to Rs. 100 per liter…

New Tax to Increase Petrol and Diesel Prices Post-Budget

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Govt to Launch Digital Assets Authority to Regulate Pakistan’s $25 Billion Crypto Market

May 21, 2025

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Embracing the Future of Finance The Ministry of Finance has unveiled a comprehensive strategy to regulate digital assets and boost Pakistan’s virtual asset economy. Establishment of the Pakistan Digital Assets…

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New Tax to Increase Petrol and Diesel Prices Post-Budget

May 21, 2025

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Introduction of General Sales Tax (GST) The federal government plans to implement a 3–5 percent General Sales Tax (GST) on petroleum products in the upcoming fiscal year to bolster domestic…

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IMF Challenges Government Budget Framework

SNGPL AGM 2023-24 Summary

Rupee Continues Decline Against British Pound, US Dollar, and Other Major Currencies

Federal Budget 2025-26: Major Tax Reforms Target Digital Economy and High Earners

IMF Budget Negotiations Conclude with Conditions for Federal Budget 2025-26

IMF Revises Pakistan’s GDP Forecast Downward to 2.6% Amid Declining Exports

PTA Targets Pakistani YouTubers for Anti-State Content

Govt Plans to Increase Petroleum Levy in Upcoming Budget

Govt to Launch Digital Assets Authority to Regulate Pakistan’s $25 Billion Crypto Market

New Tax to Increase Petrol and Diesel Prices Post-Budget

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