Pakistan’s Defense Minister, Khawaja Muhammad Asif, has made a bold claim that increasing international orders for the country’s defense equipment could improve the economy and reduce reliance on the International Monetary Fund (IMF). The statement comes in the wake of Pakistan’s heightened global attention following the May 2025 conflict with India. Speaking on a private […]
The International Monetary Fund has reportedly placed fresh demands on Pakistan under the ongoing $7 billion loan program, with potential implications for the country’s emerging electric and hybrid vehicle industry. According to sources, the new conditions focus on ending long-standing sales tax exemptions that were introduced to promote cleaner and locally manufactured transportation. Sources familiar […]
The International Monetary Fund (IMF) has raised a red flag, expressing “concern” over the rampant cigarette tax evasion plaguing Pakistan. This issue, far from being a mere fiscal matter, has significant implications for public health, economic stability, and the overall effectiveness of Pakistan’s tax collection system. The IMF’s intervention highlights the urgent need for robust […]
Image: Pakistan Today With the latest $3 Billion loan from the IMF (International Monetary Fund), Pakistan is on its way to becoming the fourth largest IMF borrower globally. As mentioned in the lender’s data, in March, Pakistan was ranked fifth in the list of countries who borrowed the largest funds from the IMF. However, after […]
Pakistan is on the verge of getting bankrupt and urgently needs the International Monterey Fund’s (IMF) help to come out of this chaos. Both the parties are holding talks to reach an agreement for $1.1Bn. IMF Managing Director, Kristalina Georgieva has asked Pakistan to tax the rich, subsidise the poor. She further said that if […]
Pakistan is currently suffering from the worst economic crisis. The double-digit inflation has reduced the purchasing power of people while the government also seems to be struggling with revenue generation. Amidst the existing financial crunch, the International Monetary Fund (IMF) has asked Pakistan to foist nearly Rs. 600 billion additional taxes while urging Islamabad to […]
