Economy

Turkey detains 13 people in probe of Papara, which acquired Pakistani fintech SadaPay
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Turkey detains 13 people in probe of Papara, which acquired Pakistani fintech SadaPay

SadaPay says situation has no operational or technological linkage to it; services remain unaffected

SBP’s T-Bill auction sees strong participation as yields decline
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SBP’s T-Bill auction sees strong participation as yields decline

Pakistan government raises PKR 959 billion in bills and bonds sale

Urgent trucking policy reforms could unlock $15 billion trade market
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Urgent trucking policy reforms could unlock $15 billion trade market

PBC report calls for swift policy enforcement to formalize sector, boost safety, and attract foreign investment

Pakistan government urged to revise tax rates across industries
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Pakistan government urged to revise tax rates across industries

Lower tax rates, incentives for industries could strengthen business competitiveness

Pakistan’s oil refineries will export 140,000 MT of fuel oil in May
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Pakistan’s oil refineries will export 140,000 MT of fuel oil in May

Fuel oil exports more than double as domestic sales decline

Finance Minister vows energy sector reforms, tax base expansion
Business

Finance Minister vows energy sector reforms, tax base expansion

Muhammad Aurangzeb meets tile manufacturers, vows policy support for local industry

Pakistan plans higher withholding taxes on luxury vehicles
Business

Pakistan plans higher withholding taxes on luxury vehicles

Reduces sales tax on locally assembled hybrid electric vehicles to continue

Pakistan loses $2.5 billion a year due to tobacco's health and economic impacts: WHO
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Pakistan loses $2.5 billion a year due to tobacco's health and economic impacts: WHO

Tax hikes could cut consumption, boost revenue after 2023 success

NEPRA grants 20-year electricity supply license to Hazara Electric Company
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NEPRA grants 20-year electricity supply license to Hazara Electric Company

HAZECO to serve 800,000 consumers in seven districts of Khyber Pakhtunkhwa

KP's industry struggling to survive with over 200 units shut down
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KP's industry struggling to survive with over 200 units shut down

High utility costs, excessive taxes, and missed trade opportunities blamed for mass factory closures, threatening jobs and regional economy

Pakistan extends deadline for submitting expressions of interest for PIA
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Pakistan extends deadline for submitting expressions of interest for PIA

The government plans to sell 51% to 100% stakes in the national airline, including offering control of its management

May inflation likely to range between 2.7-3% in Pakistan
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May inflation likely to range between 2.7-3% in Pakistan

On a monthly basis, inflation is likely to decline by 0.6%, posting the second consecutive drop

Pakistan’s tax system is broken — and corporates are paying the price
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Pakistan’s tax system is broken — and corporates are paying the price

Despite repeated calls for broadening the tax base, policymakers remain hesitant to bring largely undocumented sectors into the net

Pakistan stocks drop on profit taking as budget delayed
Business

Pakistan stocks drop on profit taking as budget delayed

Energy sector under pressure on rumors of delay in circular debt resolution

Pakistan finance minister terms backing armed forces a 'national cause'
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Pakistan finance minister terms backing armed forces a 'national cause'

“Our talks with the IMF have been constructive, and we have their full support,” says finance minister

What would you do as Pakistan’s finance minister? Analysts and experts weigh in
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What would you do as Pakistan’s finance minister? Analysts and experts weigh in

From abolishing the Tajir Dost Scheme to creating a new tax body, analysts and experts offer a range of answers

NEPRA approves seven-year tariff plan for K-Electric, lowers ROE to 14% for distribution
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NEPRA approves seven-year tariff plan for K-Electric, lowers ROE to 14% for distribution

Distribution and transmission rates approved with conditional USD indexation

Pakistan diverts 6 LNG shipments amid slumping demand, soaring prices
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Pakistan diverts 6 LNG shipments amid slumping demand, soaring prices

Sui Northern Gas cites 60% drop in commercial activity due to prices hitting 3,900 rupees/mmBtu

Pakistan must stay course on reforms, says World Bank’s Bjerde
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Pakistan must stay course on reforms, says World Bank’s Bjerde

Visit includes talks on fiscal, energy, and digital reforms, as well as flood recovery projects in Sindh

IMF pushing to tax pension and salary increase for govt employees
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IMF pushing to tax pension and salary increase for govt employees

Pakistan forms panel to vet politically motivated PSDP projects

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