A review delegation from the International Monetary Fund arrived in Pakistan for a 15-day assessment of the country’s performance under its ongoing financial assistance programme. The mission will stay until March 11 and conduct talks in two phases, beginning in Karachi before moving to Islamabad. Officials expect detailed negotiations on fiscal discipline, reform progress and […]
FBR tax shortfall
FBR misses tax targets, revises FY2026 goals
The Federal Board of Revenue (FBR) failed to achieve its tax collection targets for the first half of fiscal year 2025-26, marking the fifth consecutive month of shortfalls in revenue performance. During the July–December 2025 period, the FBR collected Rs6,154 billion against a target of Rs6,489 billion, falling short by over Rs335 billion despite meeting […]