Economy

State Bank keeps policy rate unchanged at 11.5%
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State Bank keeps policy rate unchanged at 11.5%

Central bank cites stable inflation and recovery, while external risks and global uncertainty keep outlook cautious

Pakistan calls US-Iran peace deal a proud moment, boost for global economy and stability
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Pakistan calls US-Iran peace deal a proud moment, boost for global economy and stability

Finance Minister Muhammad Aurangzeb says agreement reflects Pakistan’s diplomatic role and strengthens investor confidence amid record IPO activity

Pakistan proposes tax on early life insurance, takaful payouts to curb avoidance
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Pakistan proposes tax on early life insurance, takaful payouts to curb avoidance

Finance Bill 2026 would tax gains from policies redeemed within seven years while exempting death and disability benefits

Textile council welcomes export measures, seeks tax certainty in budget
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Textile council welcomes export measures, seeks tax certainty in budget

PTC proposes treating the 1.25% turnover tax as a final levy on exporters and suggests a lower corporate tax rate as an alternative

Pakistan government defends FY27 budget, touts relief for salaried class and growth push
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Pakistan government defends FY27 budget, touts relief for salaried class and growth push

Finance minister says tax cuts, export incentives and structural reforms aim to shift economy from stabilization to sustained growth

Pakistan cuts petrol, diesel prices by up to PKR 4 for one week
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Pakistan cuts petrol, diesel prices by up to PKR 4 for one week

The fifth consecutive cut comes as oil prices slide on US-Iran peace hopes

Pakistan's 2026-27 budget proposes Rs200 billion tariff cuts, customs reforms
Business

Pakistan's 2026-27 budget proposes Rs200 billion tariff cuts, customs reforms

Pakistan's 2026-27 budget proposes Rs200 billion in tariff cuts across 7,500+ industrial items, aligned with the National Tariff Policy 2025-2030. Here's what changes.

OICCI welcomes Pakistan budget but warns tax burden falls on formal sector
Business

OICCI welcomes Pakistan budget but warns tax burden falls on formal sector

OICCI backs Pakistan's federal budget for 2026-27 but warns the formal sector bears a disproportionate tax load while the cash economy grows

FPCCI welcomes tax relief in Pakistan budget 2026-27, calls for shift to industrial growth
Business

FPCCI welcomes tax relief in Pakistan budget 2026-27, calls for shift to industrial growth

Pakistan's top business body welcomed tax relief measures in the federal budget 2026-27 but urged the government to prioritize industrial growth and export expansion

Pakistan budget 2026-27 targets retailers, digital income and imports with new taxes
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Pakistan budget 2026-27 targets retailers, digital income and imports with new taxes

Pakistan's federal budget introduces a fixed tax scheme for small retailers, a withholding tax on social media earnings, and new duties on luxury vehicles and e-cigarettes

Pakistan budget 2026-27 cuts income taxes for salaried workers, businesses
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Pakistan budget 2026-27 cuts income taxes for salaried workers, businesses

Pakistan's FY2026-27 budget proposes income tax cuts across four salary brackets, relief for businesses, and a new retail tax regime, targeting 17.6% revenue growth

Pakistan proposes PKR 18.77 trillion budget with debt servicing as largest expense
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Pakistan proposes PKR 18.77 trillion budget with debt servicing as largest expense

Pakistan's FY2026-27 federal budget allocates PKR 8.05 trillion to debt servicing, nearly 43% of total spending, as the government targets PKR 15.26 trillion in tax revenue.

Pakistan grants PKR 2.53 trillion in tax exemptions despite fiscal tightening
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Pakistan grants PKR 2.53 trillion in tax exemptions despite fiscal tightening

Income and sales tax concessions increased in FY2025, while customs duty exemptions fell sharply as the government tightened import-related incentives

Pakistan to unveil PKR 18.2 trillion budget with tax target of PKR 15.3 trillion
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Pakistan to unveil PKR 18.2 trillion budget with tax target of PKR 15.3 trillion

Government seeks to meet IMF conditions through higher revenue collection, fiscal discipline and expanded tax enforcement while targeting 4.1% economic growth

Foreign portfolio investment posts USD 944 million net outflow in FY26
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Foreign portfolio investment posts USD 944 million net outflow in FY26

Pakistan's successful Eurobond and Panda Bond issuances signaled renewed investor confidence and restored access to global markets

Private sector borrowing rises as lower interest rates spur credit demand
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Private sector borrowing rises as lower interest rates spur credit demand

Private-sector credit increased 12% year-on-year during July-March FY2026, driven by demand from manufacturing, trade, transport and agriculture sectors

Pakistan's stronger buffers help manage global oil price risks, Economic Survey says
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Pakistan's stronger buffers help manage global oil price risks, Economic Survey says

Pakistan's Economic Survey 2025-26 says the country remains vulnerable to global oil price swings but stronger external buffers are limiting the immediate impact

Pakistan transport, energy and media sectors show mixed results in first nine months of FY2026
Business

Pakistan transport, energy and media sectors show mixed results in first nine months of FY2026

Pakistan's transport, energy and media sectors posted uneven results in July-March FY2026, with electricity output at 92,835 GWh and petroleum demand up 3.5%

Pakistan's ICT sector posts $2.91 billion trade surplus in first nine months of FY2026
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Pakistan's ICT sector posts $2.91 billion trade surplus in first nine months of FY2026

Pakistan's ICT sector posted a $2.91 billion trade surplus in the first nine months of FY2026, with freelance exports surging 51% year-on-year

Pakistan records historic low fiscal deficit of 0.7% of GDP in first nine months of FY2025-26
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Pakistan records historic low fiscal deficit of 0.7% of GDP in first nine months of FY2025-26

Pakistan's fiscal deficit fell to a historic low of 0.7% of GDP in July-March FY2026, driven by stronger revenues and lower debt costs, the Economic Survey 2025-26 shows