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Pakistan Nears IMF Review With Most Targets on Track

Pakistan is heading toward the International Monetary Fund’s (IMF) September 2026 review with most of its key programmed targets expected to be on track. According to Arif Habib Limited (AHL), six of the seven quantitative performance criteria are likely to have been met at the March and June 2026 test

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SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster

The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward making investment in Pakistan’s capital markets easier and more accessible by introducing a new unified digital investor onboarding framework. The initiative is aimed at removing unnecessary paperwork, reducing repeated verification procedures and making it significantly quicker

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Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors

Pakistan’s efforts to attract foreign investment have received another boost with the arrival of a high-level Saudi business delegation seeking opportunities in several major areas of the economy. Led by Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, the delegation visited the Special Investment Facilitation

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Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups

Pakistan is preparing to introduce a dedicated legal framework for venture capital investment, with the Securities and Exchange Commission of Pakistan (SECP) sharing a proposed Venture Capital Bill with the Board of Investment (BOI). The initiative is aimed at addressing one of the major challenges faced by Pakistani startups: limited

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Pakistan Nears IMF Review With Most Targets on Track
30Aug

Pakistan Nears IMF Review With Most Targets on Track

Pakistan is heading toward the International Monetary Fund’s (IMF) September 2026 review with most of its key programmed targets expected to be on track. According to Arif Habib Limited (AHL),…

SBP Earnings Slide 20% to Rs1.99 Trillion in FY26 Amid Lower Interest Income
28Aug

SBP Earnings Slide 20% to Rs1.99 Trillion in FY26 Amid Lower Interest Income

The State Bank of Pakistan (SBP) ended fiscal year 2025-26 with a substantial but lower profit, as falling earnings from its financial assets weighed on its overall income. The central…

SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster
28Aug

SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster

The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward making investment in Pakistan’s capital markets easier and more accessible by introducing a new unified digital…

Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors
27Aug

Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors

Pakistan’s efforts to attract foreign investment have received another boost with the arrival of a high-level Saudi business delegation seeking opportunities in several major areas of the economy. Led by…

Pakistan Remittance Scheme Faces Funding Pressure as Senate Raises Wider Financial Concerns
27Aug

Pakistan Remittance Scheme Faces Funding Pressure as Senate Raises Wider Financial Concerns

Pakistan’s efforts to encourage overseas Pakistanis to send money home are facing a new financial challenge after the government reduced its support for the Pakistan Remittance Initiative (PRI) because of…

Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups
25Aug

Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups

Pakistan is preparing to introduce a dedicated legal framework for venture capital investment, with the Securities and Exchange Commission of Pakistan (SECP) sharing a proposed Venture Capital Bill with the…

Pakistan Faces Fresh Inflationary Pressure as August CPI Expected to Cross 10%
25Aug

Pakistan Faces Fresh Inflationary Pressure as August CPI Expected to Cross 10%

Pakistan’s inflation outlook is showing renewed signs of pressure, with consumer prices expected to return to double-digit growth in August 2026 after briefly remaining below the 10% mark in July.…

DISCO Privatization Plan: Rs911 Billion Asset Transfer Raises IMF Compliance Concerns
25Aug

DISCO Privatization Plan: Rs911 Billion Asset Transfer Raises IMF Compliance Concerns

The federal government’s plan to restructure and eventually privatize three major electricity distribution companies has come under scrutiny over its potential implications for Pakistan’s commitments to the International Monetary Fund…

FBR Clarifies Revised Sales Tax Rules for Manufacturers and Importers
24Aug

FBR Clarifies Revised Sales Tax Rules for Manufacturers and Importers

The Federal Board of Revenue (FBR) has introduced important clarifications regarding the collection and assessment of sales tax on certain goods covered under Serial No. 65 of the Third Schedule…

Pakistan and Oman Move Closer to a New Fuel Supply Partnership
24Aug

Pakistan and Oman Move Closer to a New Fuel Supply Partnership

Pakistan is taking steps to strengthen its energy security by expanding fuel supplies from Oman. The Economic Coordination Committee (ECC) of the Cabinet is expected to consider a proposed sale…

SBP Eases Housing Finance Rules, Extends Maximum Loan Tenor to 30 Years
20Aug

SBP Eases Housing Finance Rules, Extends Maximum Loan Tenor to 30 Years

The State Bank of Pakistan (SBP) has introduced significant changes to the country’s housing-finance framework, giving prospective homeowners greater flexibility in obtaining financing. The revised prudential regulations apply to banks…

Pakistan May Introduce Fixed Tax on Agricultural Land Amid IMF Pressure
20Aug

Pakistan May Introduce Fixed Tax on Agricultural Land Amid IMF Pressure

Pakistan could be heading toward a major change in the way agricultural income is taxed, with the federal government reportedly considering a fixed levy of up to Rs5,000 per acre…

Pakistan’s Freelance Economy Starts FY2026-27 With Strong Export Growth
20Aug

Pakistan’s Freelance Economy Starts FY2026-27 With Strong Export Growth

Pakistan’s freelance economy has begun the new fiscal year on a promising note, with export earnings from freelancers recording a sharp increase in July 2026. According to data from the…

PIA Privatization: Why Taxpayers Are Still Paying the Price
19Aug

PIA Privatization: Why Taxpayers Are Still Paying the Price

Pakistan’s privatization of Pakistan International Airlines (PIA) may have transferred control of the national carrier to a private investor, but the government’s financial responsibilities have not ended. A significant portion…

Pakistan’s Textile Exports Jump to $1.81 Billion in July 2026
19Aug

Pakistan’s Textile Exports Jump to $1.81 Billion in July 2026

Pakistan’s textile industry began the new fiscal year on a strong note, with textile exports reaching $1.81 billion in July 2026, according to provisional data from the Pakistan Bureau of…

FBR Highlights New Tax Return Features for Property and Business Reporting
18Aug

FBR Highlights New Tax Return Features for Property and Business Reporting

The Federal Board of Revenue (FBR) has provided tax professionals with a detailed look at several features of its income tax return system, focusing on tools that allow taxpayers to…

LSE SPAC-II Plans Rs180 Million Investment in M.P. Industries
18Aug

LSE SPAC-II Plans Rs180 Million Investment in M.P. Industries

LSE SPAC-II Limited has moved forward with plans to acquire a significant minority interest in M.P. Industries Limited (MPIL), with the proposed transaction now awaiting approval from the company’s shareholders.…

Pakistan’s Refinery Sector Set for $5 Billion Modernization Drive
17Aug

Pakistan’s Refinery Sector Set for $5 Billion Modernization Drive

Pakistan’s oil refining industry is moving toward a major transformation, with five domestic refineries preparing investment plans worth an estimated $4.5 billion to $5 billion. The proposed projects focus on…

Pakistan Plans Major Reforms to Transform Construction Industry
16Aug

Pakistan Plans Major Reforms to Transform Construction Industry

Pakistan is preparing to introduce a broad set of reforms aimed at improving the country’s construction industry, with the proposed establishment of a Construction Industry Development Board (CIDB) at the…

FBR Announces Stricter Customs Penalties for Delayed Clearance of Goods
15Aug

FBR Announces Stricter Customs Penalties for Delayed Clearance of Goods

The Federal Board of Revenue (FBR) has introduced a revised penalty regime to address delays in customs declarations, clearance and export of goods. The new measures will take effect from…

Pakistan and Hong Kong Strengthen Customs Cooperation to Combat Suspicious Trade
15Aug

Pakistan and Hong Kong Strengthen Customs Cooperation to Combat Suspicious Trade

Pakistan and Hong Kong have taken an important step toward strengthening cooperation between their customs authorities by signing a new agreement focused on information sharing, enforcement and the monitoring of…

Agro Processors Prepares for PSX Listing With 15% Public Offering
13Aug

Agro Processors Prepares for PSX Listing With 15% Public Offering

Pakistan’s equity market is preparing for another new listing after the Securities and Exchange Commission of Pakistan (SECP) gave the green light to the initial public offering of Agro Processors…

Why More Than 317,000 Pakistanis Are Seeking Jobs Abroad in 2026
13Aug

Why More Than 317,000 Pakistanis Are Seeking Jobs Abroad in 2026

The search for better employment opportunities is taking a growing number of Pakistanis overseas. During the first six months of 2026, more than 317,000 Pakistani workers left the country to…

Pakistan Faces New EU GSP+ Requirements From 2027
13Aug

Pakistan Faces New EU GSP+ Requirements From 2027

Pakistan’s preferential trade arrangement with the European Union is set to enter a new phase from January 2027, with the country facing stricter requirements to retain its GSP+ benefits. Under…

Pakistan Prepares for IMF Review as $1.2 Billion in Financing Hangs in Balance
12Aug

Pakistan Prepares for IMF Review as $1.2 Billion in Financing Hangs in Balance

Pakistan is preparing for another important round of discussions with the International Monetary Fund (IMF), with a Fund mission expected to arrive next month to review the country’s progress under…

FBR Introduces Higher Withholding Tax for Non-Filer Social Media Creators
12Aug

FBR Introduces Higher Withholding Tax for Non-Filer Social Media Creators

Pakistan’s digital economy is becoming an increasingly important part of the country’s tax system, with the Federal Board of Revenue (FBR) introducing different withholding tax rates for social media content…

FBR Signals More Tax Relief as Pakistani Businesses Push for Lower Costs
12Aug

FBR Signals More Tax Relief as Pakistani Businesses Push for Lower Costs

Pakistan’s business community may be in line for further tax relief as the Federal Board of Revenue (FBR) considers additional measures to reduce the financial pressure on companies. The issue…

SECP Takes Steps to Make Corporate Sukuk Easier for Businesses in Pakistan
11Aug

SECP Takes Steps to Make Corporate Sukuk Easier for Businesses in Pakistan

Pakistan’s corporate Islamic finance market is set for a potential boost after the Securities and Exchange Commission of Pakistan (SECP) introduced a new guidebook designed to simplify the process of…

Pakistan and Russia Move Toward New Rail Trade Routes and Expanded Farm Cooperation
11Aug

Pakistan and Russia Move Toward New Rail Trade Routes and Expanded Farm Cooperation

Pakistan and Russia are exploring new avenues to strengthen economic relations, with proposed freight rail connections and expanded agricultural cooperation emerging as key areas of mutual interest. The two countries…

Pakistan Tightens Export Finance Rules as Government Approves Rs88 Billion Support Package
11Aug

Pakistan Tightens Export Finance Rules as Government Approves Rs88 Billion Support Package

Pakistan is moving to strengthen oversight of its export financing programmed as the government seeks to boost foreign sales while reducing the chances of subsidized funds being misused. The Economic…

Bank of Punjab Plans Rs30 Billion Share Issue for Punjab Government
10Aug

Bank of Punjab Plans Rs30 Billion Share Issue for Punjab Government

The Bank of Punjab (BOP) has announced plans to raise up to Rs30 billion through the issuance of new ordinary shares to the Government of Punjab, marking a major proposed…

LHC Declares Bank Customer Data as “Property” in Landmark Cyber Fraud Case
09Aug

LHC Declares Bank Customer Data as “Property” in Landmark Cyber Fraud Case

The Lahore High Court (LHC) has delivered an important ruling concerning the misuse of confidential banking information, observing that customers’ private banking data can be treated as “property” under the…

Rs10 Billion Approved to Support Pakistan’s Textile and Export Industries
09Aug

Rs10 Billion Approved to Support Pakistan’s Textile and Export Industries

Pakistan’s Ministry of Commerce has approved Rs10 billion in funding for the textile, apparel, and other export-oriented industries under various duty drawback and technology-upgradation schemes. The move is aimed at…

Pakistan Moves Closer to Full Crypto Licensing Framework
08Aug

Pakistan Moves Closer to Full Crypto Licensing Framework

Pakistan is taking another major step toward bringing its virtual assets industry under a formal regulatory structure. The country is nearing the introduction of a comprehensive licensing system for Virtual…

NAB Seeks Removal of Rs500 Million Corruption Threshold
08Aug

NAB Seeks Removal of Rs500 Million Corruption Threshold

Pakistan’s accountability watchdog has called for a major change in the rules governing corruption investigations, urging the government to remove the Rs500 million threshold that currently limits the National Accountability…

Pakistan’s Beverage Industry Faces a Major Challenge as Illegal Factories Stay Beyond FBR’s Digital Monitoring
07Aug

Pakistan’s Beverage Industry Faces a Major Challenge as Illegal Factories Stay Beyond FBR’s Digital Monitoring

Pakistan’s tax authorities have taken another significant step toward modernizing tax collection by introducing electronic production monitoring for registered beverage manufacturers. The initiative is intended to improve transparency, reduce tax…

Pakistan’s Gas Sector Set for a Major Transformation: What the New Reform Roadmap Means
07Aug

Pakistan’s Gas Sector Set for a Major Transformation: What the New Reform Roadmap Means

Pakistan is preparing for one of the most significant reforms in its natural gas sector in decades. The government has introduced a comprehensive roadmap designed to modernize the industry, improve…

Pakistan’s Trade Gap Expands as Import Growth Outpaces Export Gains in July 2026
06Aug

Pakistan’s Trade Gap Expands as Import Growth Outpaces Export Gains in July 2026

Pakistan’s external trade position came under pressure in July 2026 as the country’s trade deficit increased significantly compared with the same month last year. According to data released by the…

Pakistan and Iran Renew Push for Stronger Trade Relations with 24/7 Border Operations
06Aug

Pakistan and Iran Renew Push for Stronger Trade Relations with 24/7 Border Operations

Pakistan and Iran have taken another significant step toward strengthening their economic partnership by agreeing to improve border trade, simplify customs procedures, and work towards keeping border crossings open around…

US Signals Strong Interest in Pakistan’s Mineral Wealth Beyond Reko Diq
06Aug

US Signals Strong Interest in Pakistan’s Mineral Wealth Beyond Reko Diq

Pakistan’s mining sector may be entering a new phase of international investment as the United States expresses growing interest in the country’s vast reserves of critical minerals. According to recent…

FBR and Business Community Join Hands to Improve Tax Grievance Resolution
05Aug

FBR and Business Community Join Hands to Improve Tax Grievance Resolution

In a positive step towards strengthening relations between Pakistan’s tax authorities and the business sector, the Federal Board of Revenue (FBR) has agreed to work closely with leading business organizations…

AI Could Reshape Pakistan’s Job Market: Challenge or Opportunity?
05Aug

AI Could Reshape Pakistan’s Job Market: Challenge or Opportunity?

Artificial intelligence is changing the way people work across the world, and Pakistan is no exception. A recent World Bank report suggests that while AI has the potential to improve…

SBP Raises Lending Limit for Unrated Large Private Companies to Rs10 Billion
05Aug

SBP Raises Lending Limit for Unrated Large Private Companies to Rs10 Billion

The State Bank of Pakistan (SBP) has announced a major revision to its financing framework by increasing the aggregate exposure limit for unrated large private-sector borrowers from Rs3 billion to…

NAB Broadens Auqaf Property Inquiry, Seeks Digital Land Records Across Khyber Pakhtunkhwa
04Aug

NAB Broadens Auqaf Property Inquiry, Seeks Digital Land Records Across Khyber Pakhtunkhwa

The National Accountability Bureau (NAB) has intensified its investigation into the administration of Auqaf properties in Khyber Pakhtunkhwa by requesting computerized land records from all districts of the province. The…

SECP Expands Supervisory Powers to Enhance Market Transparency and Regulatory Oversight
04Aug

SECP Expands Supervisory Powers to Enhance Market Transparency and Regulatory Oversight

The Securities and Exchange Commission of Pakistan (SECP) has broadened the authority of its Supervision Division through a fresh delegation of powers, enabling its officers to take a more active…

Pakistan Customs Revamps Import Valuation for Light Fittings After Years Without a Standard Framework
02Aug

Pakistan Customs Revamps Import Valuation for Light Fittings After Years Without a Standard Framework

Importers of lighting products in Pakistan will now operate under a newly established customs valuation framework, as the Directorate General of Customs Valuation has issued a fresh ruling covering a…

Why Pakistani Banks Continue to Favor Government Lending Over Businesses
02Aug

Why Pakistani Banks Continue to Favor Government Lending Over Businesses

Pakistan’s banking sector continues to rely heavily on lending to the government instead of supporting businesses, despite repeated calls from policymakers to expand financing for small and medium-sized enterprises (SMEs)…

FBR Faces Pressure to Improve Refund Processing and Resolve Issues in New Tax Return System
01Aug

FBR Faces Pressure to Improve Refund Processing and Resolve Issues in New Tax Return System

Pakistan’s tax administration is undergoing another phase of reform, but recent developments suggest that several challenges still need to be addressed. The Federal Tax Ombudsman (FTO) has recommended the introduction…

FBR Establishes Independent Committees to Improve Tax Litigation Management
01Aug

FBR Establishes Independent Committees to Improve Tax Litigation Management

The Federal Board of Revenue (FBR) has introduced a major initiative aimed at making Pakistan’s tax litigation process more efficient and transparent. By setting up three Independent Case Scrutiny Committees…

Pakistan Accelerates National Digital Vision with Plans for a Unified Digital Identity
30Jul

Pakistan Accelerates National Digital Vision with Plans for a Unified Digital Identity

Pakistan is moving closer to a digitally connected future as the federal government speeds up the implementation of its National Digital Vision. Prime Minister Shehbaz Sharif has instructed relevant authorities…

FBR Collected Rs1.866 Trillion in Taxes Through Electricity Bills Over Four Years
30Jul

FBR Collected Rs1.866 Trillion in Taxes Through Electricity Bills Over Four Years

Electricity bills in Pakistan have become more than just a payment for power consumption—they have also become an important channel for tax collection. According to a briefing presented to the…

FBR to Temporarily Shut Down Online Tax Services for Scheduled Maintenance from August 8–10
25Jul

FBR to Temporarily Shut Down Online Tax Services for Scheduled Maintenance from August 8–10

The Federal Board of Revenue (FBR) has announced a temporary suspension of several of its online tax platforms due to planned system maintenance. The maintenance exercise is aimed at improving…

FBR Introduces Independent Committees to Improve Tax Litigation
22Jul

FBR Introduces Independent Committees to Improve Tax Litigation

The Federal Board of Revenue (FBR) is moving towards a more structured and responsible approach to tax litigation by proposing the establishment of Independent Case Scrutiny Committees. The initiative, introduced…

Pakistan’s Tax Tribunal Backlog Continues to Grow Despite High-Paid Appointments
18Jul

Pakistan’s Tax Tribunal Backlog Continues to Grow Despite High-Paid Appointments

Pakistan’s efforts to speed up the resolution of tax disputes are under renewed scrutiny after the backlog of cases at the Appellate Tribunal Inland Revenue (ATIR) climbed to nearly 68,000.…

Pakistan Misses IMF Circular Debt Target as Power Sector Liabilities Rise to Rs1.835 Trillion
16Jul

Pakistan Misses IMF Circular Debt Target as Power Sector Liabilities Rise to Rs1.835 Trillion

Pakistan’s power sector continues to face serious financial challenges, with circular debt climbing to Rs1.835 trillion by the end of June 2026. The figure is Rs221 billion higher than the…

Pakistan Plans to Market Roosevelt Hotel as US Investors Show Growing Interest
15Jul

Pakistan Plans to Market Roosevelt Hotel as US Investors Show Growing Interest

Pakistan is preparing to launch the sale of the Roosevelt Hotel in New York, with the government aiming to take the landmark property to the market by December 2026. The…

OICCI Urges FBR to Release Rs103 Billion in Outstanding Tax Refunds
15Jul

OICCI Urges FBR to Release Rs103 Billion in Outstanding Tax Refunds

Pakistan’s investment climate has once again come under the spotlight as the Overseas Investors Chamber of Commerce and Industry (OICCI) has called on the Federal Board of Revenue (FBR) to…

Pakistan’s Auto Industry Accelerates: Passenger Car Sales Surge 39% in FY2025-26
14Jul

Pakistan’s Auto Industry Accelerates: Passenger Car Sales Surge 39% in FY2025-26

Pakistan’s automobile industry continued its recovery in FY2025-26, delivering another year of impressive growth as improving economic conditions, affordable financing, and competitive pricing encouraged consumers to return to the market.…

SBP Sets Ambitious Goal to Expand SME Financing to Rs1.5 Trillion by 2028
09Jul

SBP Sets Ambitious Goal to Expand SME Financing to Rs1.5 Trillion by 2028

The State Bank of Pakistan (SBP) has unveiled an ambitious plan to significantly increase financial support for small and medium-sized enterprises (SMEs), setting a target of Rs1.5 trillion in SME…

Why SECP’s Push for Business Formalization Matters for Pakistan’s Economy
06Jul

Why SECP’s Push for Business Formalization Matters for Pakistan’s Economy

Pakistan’s business landscape is evolving, and the Securities and Exchange Commission of Pakistan (SECP) is encouraging enterprises to become part of the formal corporate sector. By making company registration simpler…