Islamabad, June 2, 2025 – The federal government of Pakistan has officially announced the Eid-ul-Adha holidays, confirming a four-day break for citizens across the country.
(more…)Category: Pakistan
-
Pakistan’s headline inflation surges to 3.5% in May 2025
Islamabad, June 2, 2025 – Headline inflation in Pakistan witnessed a notable rise in May 2025, reaching 3.5% year-on-year (YoY) as reported by the Pakistan Bureau of Statistics (PBS) on Monday.
(more…) -
World Bank urges Pakistan: scrap regulatory duty, ACD fast
ISLAMABAD – In a landmark recommendation, the World Bank has urged Pakistan to fully phase out regulatory duties (RDs) and Additional Customs Duties (ACDs), as part of a comprehensive tariff reform agenda aimed at reviving the country’s struggling export sector.
(more…) -
WHO warns Pakistan: raise tobacco tax or face disaster
Islamabad, May 27, 2025 – In a powerful and urgent appeal, the World Health Organization (WHO) has issued a dire warning to Pakistan: raise tobacco tax now or brace for even more staggering human and economic losses.
(more…) -
PM Shehbaz vows economic strength, unity on Youm-e-Takbeer
As Pakistan commemorated the 27th anniversary of Youm-e-Takbeer on Wednesday, Prime Minister Shehbaz Sharif reaffirmed the nation’s unwavering commitment to safeguarding sovereignty and transforming Pakistan into an economic powerhouse.
(more…) -
Deported Pakistanis face FIRs, passport cancellation, travel ban
Islamabad, May 24, 2025 – The Government of Pakistan has decided to initiate tough legal and administrative measures against deported Pakistani nationals, including the registration of First Information Reports (FIRs) and passport cancellation.
(more…) -
FBR cracks down on 72 Pakistanis’ foreign income, assets secrets
Karachi, May 21, 2025 – In a bold and dramatic move, the Federal Board of Revenue (FBR) has zeroed in on 72 ultra-wealthy and influential individuals, launching a high-stakes investigation into their foreign income and offshore assets.
(more…) -
Pakistan identifies trade corridors to boost regional connectivity
Islamabad, May 17, 2025 – Pakistan has unveiled a comprehensive vision to establish itself as a vital economic link between South Asia, Central Asia, and beyond.
(more…) -
Pakistan caps customs duty at 15%, reduces duty slabs to four
Islamabad, May 16, 2025 – In a bold step towards comprehensive trade and economic reform, the Government of Pakistan has announced a sweeping overhaul of its Customs tariff structure by capping the maximum customs duty at 15% and reducing the number of duty slabs to four.
(more…) -
Russia to establish new steel mill in Karachi to boost bilateral ties
Islamabad, May 13, 2025 — In a significant step toward enhancing economic cooperation, Russia and Pakistan have agreed to establish a new steel mill in Karachi, reinforcing their growing bilateral relationship.
(more…)