NEC approves Rs3.67 trillion budget for FY2026-27, sets 4% GDP growth target
National Economic Council clears ambitious development outlay, targets economic stability and coordinated federal-provincial growth strategy
Continue ReadingPakistan Revenue
National Economic Council clears ambitious development outlay, targets economic stability and coordinated federal-provincial growth strategy
Continue ReadingGovernment moves to strengthen agriculture sector ahead of FY27 budget with focus on cotton yield, seeds and climate resilience. ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed provincial governments, particularly Balochistan, to prepare comprehensive plans aimed at increasing cotton production across the country.
Continue ReadingGovernment moves ahead with privatisation of IESCO, GEPCO and FESCO to reduce losses from state-owned enterprises. ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed relevant authorities to expedite the privatisation process of electricity distribution companies (DISCOs), reaffirming the government’s commitment to offloading loss-making State-Owned Enterprises (SOEs).
Continue ReadingPilot project aims to create a faceless, AI-powered tax administration system to enhance transparency, compliance and revenue collection Prime Minister Shehbaz Sharif on Thursday directed authorities to launch a pilot phase of an Artificial Intelligence (AI)-driven automated tax system in Islamabad as part of the government’s efforts to modernise tax administration, improve compliance and strengthen […]
Continue ReadingPM directs tariff reforms, institutional modernization and AI adoption to support export-led growth under NTP 2025–30 ISLAMABAD, June 4, 2026 — Prime Minister Shehbaz Sharif on Thursday directed authorities to ensure swift and effective implementation of the National Tariff Policy (NTP) 2025–30, emphasizing reforms aimed at facilitating investment, trade and industrial development.
Continue ReadingBusiness leaders urge growth-focused reforms as government finalizes budget proposals for FY2026-27 Pakistan’s leading business leaders and industrialists met Prime Minister Shehbaz Sharif on Wednesday to discuss priorities and proposals for the federal budget FY2026-27, focusing on economic growth, exports, investment promotion and tax reforms.
Continue ReadingPM directs ministries to adopt modern technologies, boost industrial output and expand exports under wide-ranging economic reform agenda Prime Minister Muhammad Shehbaz Sharif has instructed all federal ministries to engage industry experts and technology specialists to support the integration of modern technologies into key sectors of the economy, as part of broader efforts to boost […]
Continue ReadingPrime Minister directs FBR to settle outstanding tax refunds within two weeks to improve business liquidity and investor confidence Prime Minister Muhammad Shehbaz Sharif on Monday directed the Federal Board of Revenue (FBR) to clear all pending tax refund cases by June 15, 2026, in a significant move aimed at easing liquidity pressures on businesses […]
Continue ReadingPrime minister calls for compassion, sacrifice and solidarity with vulnerable communities during Eid celebrations Shehbaz Sharif on Tuesday urged the nation to remember the underprivileged, needy and vulnerable segments of society during Eid al-Adha, saying the religious occasion calls for compassion, sacrifice and collective responsibility.
Continue ReadingPM Shehbaz Sharif says Pakistan is ready to facilitate the next round of Iran-US peace talks as diplomatic efforts gain momentum following President Trump’s announcement of major progress. Prime Minister Shehbaz Sharif on Sunday expressed the hope that Pakistan would host the next round of Islamabad Talks between Iran and the United States “very soon, […]
Continue Reading