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Karachi, February 10, 2025 – The government of Pakistan has disbursed a staggering Rs 5.14 trillion as mark-up on loans acquired from both local and international financial institutions during the first half (July-December) of the ongoing fiscal year 2024-25.
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Islamabad, February 9, 2025 – The International Monetary Fund (IMF) mission has arrived in Pakistan to assess the extent of corruption vulnerabilities across six key state functions, according to a statement released by the finance ministry on Sunday.
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Karachi, February 9, 2025 – The collection of petroleum levy has witnessed a substantial increase, reaching Rs 549 billion during the first half (July – December) of the current fiscal year, according to data released by the Ministry of Finance.
(more…)Karachi, February 8, 2025 – Pakistan has reported a notable reduction in its budget deficit, which contracted to 1.2% of Gross Domestic Product (GDP) in the first half (July-December) of the fiscal year 2024-25. This marks a significant improvement from the 2.3% budget deficit recorded during the corresponding period of the previous fiscal year.
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Islamabad, February 7, 2025 – The Sensitive Price Indicator (SPI) inflation witnessed a moderate decline of 0.21% for the week ending February 6, 2025, offering slight relief to consumers amid broader economic challenges.
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Islamabad, February 6, 2025 – Finance Minister Muhammad Aurangzeb on Thursday emphasized the importance of agriculture income tax as a crucial step in broadening Pakistan’s tax base.
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Karachi, February 6, 2025 – The State Bank of Pakistan (SBP) has reported a $46 million increase in its foreign exchange reserves for the week ending January 31, 2025.
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Islamabad, February 3, 2025 – In a promising development for Pakistan’s economy, Federal Finance Minister Muhammad Aurangzeb has suggested that the country’s policy interest rate could be reduced to a single-digit figure in the near future.
(more…)Islamabad, February 3, 2025 – Pakistan’s headline inflation based on the Consumer Price Index (CPI) dropped to 2.4% in January 2025, marking the lowest level in 111 months.
(more…)Islamabad, February 2, 2025 – The Ministry of Finance has officially released policy guidelines for the issuance of commemorative coins in Pakistan, aiming to bring structure and consistency to the process.
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