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Pakistan turns to AI to catch tax evasion and under-invoicing
FBR briefs ministers on proposals to detect false tax data, curb smuggling, and e-auctions
May 13, 2026
May 13, 2026
FBR briefs ministers on proposals to detect false tax data, curb smuggling, and e-auctions
Per capita income at $1,901 as Pakistan posts strongest multi-quarter GDP performance in years
Finance Minister outlines stabilization efforts, export gains and structural reforms as IMF stresses fiscal discipline and sustained reform momentum
SBP reports Pakistan freelancers earned USD 985 million in FY25 despite payment hurdles
Lower borrowing costs, strong SBP profits and higher non-tax revenues help government narrow fiscal gap to 0.7% of GDP
Fund’s representative notes challenges for Pakistan despite economic stabilization
FCC disposes of a long-running illegal construction case, withdraws earlier restrictions
Pakistan posted its lowest-ever nine-month fiscal deficit alongside a 3.2% primary surplus
Major multinationals including P&G, Shell, and Microsoft have scaled back in Pakistan. Here's what's driving the exits and what the data shows about FDI.
Despite short-term stability, SBP flags medium-term risks to growth, remittances, and fiscal balance
FBR amendments would require embassy verification, security clearance, and expanded disclosure of foreign funding and ownership
European gas prices expected to stay elevated as LNG flows face disruption
Petroleum minister says every company should set its own prices and do its own procurement
The tender for two spot cargoes of 140,000 cubic meters each was floated on May 9
The carrier left Qatar on May 2 and transited the Strait of Hormuz, reportedly after Iran permission
GPA chairman meets logistics, shipping companies in Karachi; discusses transshipment, feeder services
The project being built with a local partner, is expected to complete by December 2031
Tariff reductions aim to boost cargo traffic and position Gwadar as a regional trade hub
Inflows from overseas Pakistanis reached USD 33.86 billion in the first 10 months of FY26
Analysts say the ex-refinery price of diesel nearly doubled since March 1, but government could have cut the tax to ease the burden
