Islamabad, February 20, 2025 – Pakistan has decided to grant a tax exemption on income generated from the ICC Champions Trophy 2025, a move aimed at ensuring smooth operations for the highly anticipated cricket tournament.
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Pakistan Opens 71 New Blocks for Oil and Gas Exploration
Islamabad – Pakistan has announced the offering of 71 new blocks for oil and gas exploration, marking a significant step in revitalizing the country’s energy sector after a decade.
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Pakistan Records $682 Million Current Account Surplus in 7MFY25
Karachi, February 18, 2025 – Pakistan recorded a current account surplus of $682 million during the first seven months of the fiscal year 2024-25 (July–January), according to data released by the State Bank of Pakistan (SBP) on Tuesday.
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Government Pays Massive Rs 5.14 Trillion as Mark-Up in 1HFY25
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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IMF Mission Evaluates Corruption in Pakistan
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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Petroleum Levy Collection Surges to Rs 549 Billion in 1HFY25
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.
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PM Shehbaz Pays Tribute to Salaried Class for Bearing Tax Burden
Islamabad, February 8, 2025 – Prime Minister Shehbaz Sharif on Saturday acknowledged the resilience and dedication of the salaried class, commending them for bearing a significant tax burden amid the stringent conditions imposed by the International Monetary Fund (IMF).
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Pakistan’s Budget Deficit Contracts to 1.2% in First Half of FY25
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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Shehbaz Motivates Pakistan for India Clash in Champions Trophy
Lahore, February 7, 2025 – Prime Minister Shehbaz Sharif on Friday urged the green shirts of Pakistan’s cricket team to defeat India in their highly anticipated ICC Champions Trophy 2025 match.
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PM Shehbaz urges global action for Kashmir on Solidarity Day
Islamabad, February 5, 2025 – Prime Minister Muhammad Shehbaz Sharif, in his message on Kashmir Solidarity Day, urged the international community to take a firm stance in ensuring that India grants the Kashmiri people their right to self-determination.
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