Islamabad, June 4, 2025 – The Federal Board of Revenue (FBR) continues to provide detailed data on tax operations to the International Monetary Fund (IMF) as part of ongoing commitments under the Extended Fund Facility (EFF).
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IMF presses FBR to offset salaried class tax relief in FY26 budget
The International Monetary Fund (IMF) has asked the Federal Board of Revenue (FBR) to submit alternate taxation proposals if the government proceeds with its planned tax relief for the salaried class in the upcoming federal budget for 2025–26.
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Sindh opposes IMF proposal for increased agricultural taxes
Karachi, June 1, 2025 – The Sindh government has firmly opposed the latest demand by the International Monetary Fund (IMF) to impose more taxes on the agricultural sector, warning that such measures could severely harm farmers and threaten the country’s food security.
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Only IMF-approved 2025-26 budget to be presented by Pakistan
Islamabad, May 31, 2025 – Pakistan is set to present its national budget for the fiscal year 2025-26 on June 10, 2025 in strict accordance with the conditions agreed upon with the International Monetary Fund (IMF). This move comes as part of the commitments under the Extended Fund Facility (EFF), which aims to stabilize the country’s economy and ensure long-term fiscal discipline.
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Pakistan, IMF deliberate FY26 budget measures to raise revenues
The government of Pakistan has entered into critical discussions with the International Monetary Fund (IMF) regarding fiscal reforms to be incorporated in the upcoming federal budget for FY2025-26, with a central focus on bolstering tax collection and reducing the widening fiscal deficit.
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IMF imposes stringent exchange rate reporting conditions on SBP
Karachi, May 25, 2025 – The International Monetary Fund (IMF) has imposed rigorous new conditions on the State Bank of Pakistan (SBP) regarding the provision of foreign exchange data, as part of Pakistan’s commitments under the Extended Fund Facility (EFF).
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IMF wraps up Pakistan visit, focuses on FY26 budget and reforms
ISLAMABAD, May 24, 2025 — The International Monetary Fund (IMF) has concluded a critical staff visit to Pakistan, centered around the formulation of the upcoming FY2026 budget and evaluation of ongoing economic reforms.
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IMF reaffirms support for Pakistan after meeting all reform targets
Karachi, May 23, 2025 – The International Monetary Fund (IMF) has reaffirmed its confidence in economic direction of Pakistan, confirming that the country has successfully met all performance targets under the Extended Fund Facility (EFF) program.
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Pakistan, IMF agree: No ban on commercial import of used vehicles
Karachi, May 19, 2025 – In a major policy shift aligned with International Monetary Fund (IMF) reforms, Pakistan is set to fully lift the ban on the commercial import of used vehicles.
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Tajir Dost Scheme ends in failure, confirms IMF
The Federal Board of Revenue’s (FBR) much-hyped Tajir Dost Scheme — an initiative designed to bring retailers and traders into the formal tax net — has officially ended in failure, according to the latest International Monetary Fund (IMF) country report on Pakistan, released on May 17, 2025.
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