Muhammad Aurangzeb met Jane Marriott on Monday to discuss economic cooperation, reforms, and regional developments. The meeting focused on Pakistan’s efforts to maintain macroeconomic stability and strengthen investor confidence. Both sides also reviewed ongoing collaboration on economic and development priorities. According to an official statement, Aurangzeb briefed the British envoy on the government’s response to […]
economic reforms Pakistan
IMF praises Pakistan reforms ahead february review mission
The International Monetary Fund has welcomed Pakistan’s recent economic reforms, highlighting that policy efforts under the IMF-supported programme have helped stabilise the economy, control inflation, and restore investor confidence, setting a positive trajectory for growth. An IMF staff team is scheduled to visit Pakistan from February 25 to conduct the third review under the Extended […]
Pakistan must double exports to avoid IMF bailouts
Planning Minister Ahsan Iqbal has warned that Pakistan must double its exports to $60 billion within four years to avoid returning to the International Monetary Fund, highlighting the country’s ongoing economic challenges. He said the government plans to declare an export emergency aimed at boosting overseas sales, speeding up tax refunds for export-oriented industries, and […]
Pakistan to launch first panda bond: Aurangzeb
Pakistan will issue its first-ever Panda bond in the coming weeks, Finance Minister Muhammad Aurangzeb said. The bond will be issued in Chinese renminbi instead of dollars or euros. Officials say the move could lower borrowing costs and diversify funding sources. Aurangzeb said issuing debt in RMB and swapping it into dollars offers a 2.5 […]
IMF flags FBR weaknesses after tax shortfall
The IMF has highlighted serious administrative weaknesses in Pakistan’s Federal Board of Revenue (FBR) after a major tax shortfall last fiscal year. Pakistan collected Rs1.2 trillion less than the federal budget target, the IMF report said. Structural and enforcement gaps were cited as key reasons for the shortfall. According to the report, sales tax and […]