ISLAMABAD: Pakistan People's Party lawmaker during the budget debate in National Assembly on Saturday demanded withdrawal of the clause allowing arrest of ...

Sindh Chief Minister Murad Ali Shah criticized the federal government for slashing the province's allocated funds just a day before the Sindh Budget 2025-26. He revealed that Sindh received Rs422.3 ...

To fulfil another commitment with the International Monetary Fund (IMF), Pakistan is all set to impose Rs77/litre Petroleum Levy, in addition to Carbon Levy of Rs2.5/litre, on furnace oil from next ...

The history of Pakistan’s economy can be aptly summarised in three words: fragility not recognised. That since 1947, except ...

The budget debate in the Senate commenced with a blistering criticism from Opposition Leader Shibli Faraz, who blasted the ...

Pakistan’s annual budget has traditionally been more of a routine fiscal exercise conducted every year, covering only one year, voted every year, and executed over one year, rather than a fully ...

“Under the ongoing IMF programme for Resilience and Sustainability Financing (RSF), the government has agreed for the imposition of the carbon levy on petrol, diesel and furnace oil along with the ...

Pakistan’s $7 billion deal with the International Monetary Fund (IMF) in 2024 marked the 24th such agreement since 1958, a telling symptom of the country’s chronic dependence on external bailouts.

Saudi Arabia is expected to be Pakistan’s largest source of external financing in the upcoming fiscal year with over $6 billion in support as the South Asian country seeks to raise more than $20 ...

The events of the year 2000 resonate vividly in my memory. Back then, I was serving as the deputy chief of mission at the Indian embassy in Brussels, a city kno ...

KARACHI (Reuters) -Pakistan’s central bank is expected to hold its policy rate on Monday, a Reuters poll showed, as many ...

Pakistan’s plans to upgrade its oil refineries hit a roadblock after the IMF rejected key government proposals linked to tax relief. The proposals were designed to support $6 billion in investment ...