April 16, 2026

WASHINGTON / ISLAMABAD — The International Monetary Fund (IMF) has issued a fresh set of recommendations in its Fiscal Monitor 2026 report, advising Pakistan to scrap its existing fuel subsidies. The Fund emphasized that the gradual elimination of these “burdensome” subsidies is critical for the country to maintain medium-term fiscal sustainability and expand its tax

ISLAMABAD — In a major development for Pakistan’s economy, the State Bank of Pakistan (SBP) has officially confirmed the receipt of $2 billion from Saudi Arabia. This significant cash injection comes immediately following Prime Minister Shehbaz Sharif’s high-level meeting with the Saudi leadership in Jeddah. The funds are aimed at stabilizing the national currency and