ISLAMABAD — As final structural frameworks for the Federal Budget are locked in, the government has set an ambitious tax collection target for the Federal Board of Revenue (FBR) at Rs14,131 billion, representing a steep 9% scaling from last year’s target. To bridge fiscal gaps and curb tax leakage without over-burdening regular documented segments, Finance […]
ISLAMABAD / DUSHANBE — Moving closer to stabilizing regional power connectivity, Pakistan and Tajikistan have officially agreed to call a high-level Joint Working Group session in Istanbul later this month to iron out remaining commercial terms for the Central Asia-South Asia (CASA-1000) electricity transmission project. The breakthrough consensus was reached at the conclusion of the
KARACHI — Despite the State Bank of Pakistan (SBP) inching closer to its fiscal year foreign exchange reserve target of $18 billion, a surging trade deficit is threatening to erase recent remittance gains. Fresh financial data reveals that Pakistan’s trade deficit for the first 11 months of FY2025-26 has climbed by 17.48% to reach an
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