News & Updates

News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Easypaisa Digital Bank’s Pre-Tax Profits Surge 3.8x to Rs. 4.7 Billion in 2024

easypaisa digital bank achieved a pre-tax profit (PBT) of Rs. 4.7 billion in 2024, showing a remarkable 3.8x increase co...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

IMF Delays Staff Level Agreement with Pakistan, Talks to Continue Virtually

The International Monetary Fund (IMF) has concluded its in-person mission to Pakistan without reaching a Staff Level Agr...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Pakistan’s Power Generation Plunges 15% in February

Pakistan witnessed a sharp 15% month-on-month decline in electricity generation during February 2025, with output fallin...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Govt Announces Good News for Solar Panel Users Selling Electricity to National Grid

Rooftop solar panel users will face no taxation on electricity they generate and export to the national grid, though the...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Govt Likely to Present Budget 2026 Before June to Secure IMF Approval

The federal government is preparing to present the fiscal year 2025-26 budget in May 2025, significantly earlier than th...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Imported Chocolates Set to Become Expensive as FBR Enhances Customs Values

Directorate General of Customs Valuation Karachi has revised customs values on the import of 104 types of branded chocol...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Pakistan’s Real Effective Exchange Rate Falls in February 2025

Pakistan’s Real Effective Exchange Rate (REER) clocked in at 102.27 in February 2025, according to latest data issued by...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Ignite Approves DigiSkills 3.0 With 25 Courses to Train 3 Million Youngsters

The Ignite-National Technology Fund board has approved the DigiSkills 3.0 program, an upgraded version of its flagship o...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Multiple Properties of Bahria Town Sealed by NAB Across Pakistan

The National Accountability Bureau (NAB) once again informed the public on Monday that several cases of fraud and decept...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Pakistan’s Current Account Posts Huge Improvement in February 2025

Pakistan’s current account balance posted a deficit of $12 million in February 2025, according to data released by the S...

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News Update

17

Mar 2025

Mar 17, 2025 • 5 min read

Pakistan’s Water Shortage Worsens as Mangla Dam Stops Electricity Production

Pakistan is facing a critical water crisis as the Mangla Dam has hit its dead level, halting hydroelectric power generat...

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News Update

16

Mar 2025

Mar 16, 2025 • 5 min read

Govt Increases Petroleum Levy by Rs. 10 Per Liter to Meet IMF Conditions

The Federal Government has decided to maintain the current prices of petroleum products by increasing the petroleum levy...

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News Update

16

Mar 2025

Mar 16, 2025 • 5 min read

Gas Theft Crackdown: 254 Illegal Connections Disconnected Across Punjab, KP, and Islamabad; Rs 2.65 Million Fine Imposed

Sui Northern Gas Pipelines Limited (SNGPL) continues its aggressive crackdown against gas theft, disconnecting 254 illeg...

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News Update

15

Mar 2025

Mar 15, 2025 • 5 min read

Pakistan Made Significant Progress to Staff Level Agreement: IMF

The International Monetary Fund (IMF) has announced substantial headway in discussions with Pakistani authorities regard...

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News Update

15

Mar 2025

Mar 15, 2025 • 5 min read

Govt Announces Petrol Prices for Next Fortnight

The Shehbaz Sharif administration has opted to keep petroleum prices unchanged for the next fortnight while offsetting f...

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News Update

15

Mar 2025

Mar 15, 2025 • 5 min read

Federal Cabinet Swells to 54 as 3 More Ministers Take Oath

Prime Minister Shahbaz Sharif’s cabinet’s total strength reached 54 after the induction of three more ministers, includi...

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News Update

14

Mar 2025

Mar 14, 2025 • 5 min read

Pakistan, IMF Agree to Lower Tax Collection Target by Rs. 620 Billion

Pakistan and the International Monetary Fund have agreed to revise the country’s macroeconomic and fiscal framework for...

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News Update

14

Mar 2025

Mar 14, 2025 • 5 min read

Pakistan Averts Mini-Budget as IMF Talks Conclude on Positive Note

Pakistan has successfully negotiated with the International Monetary Fund to avert a mini-budget before the fiscal year...

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News Update

14

Mar 2025

Mar 14, 2025 • 5 min read

FBR Arrests Mastermind of Rs. 4.2 Billion Sales Tax Fraud

Authorities from the Regional Tax Office-1 have successfully apprehended Bilal Imam, the alleged mastermind behind a mas...

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News Update

14

Mar 2025

Mar 14, 2025 • 5 min read

Decision Made on Early Payment of Salary and Pension for Eid-ul-Fitr

The federal government has announced that salaries and pensions for government employees will be disbursed before Eid, a...

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News Update

14

Mar 2025

Mar 14, 2025 • 5 min read

PM Directs Strict Action Against Sugar Hoarders, Profiteers

Prime Minister Muhammad Shehbaz Sharif Friday directed strict action against hoarders of sugar and the elements responsi...

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