The government has decided not to reduce gas prices for consumers despite a cut in gas tariffs approved by the Oil and Gas Regulatory Authority (OGRA). Officials said domestic gas rates will remain unchanged during the 2026-27 fiscal year. The decision aims to strengthen the financial position of the country’s two state-owned gas utilities. According […]
IMF Pakistan
SBP ends remittance rewards for overseas Pakistanis
The State Bank of Pakistan has officially ended the Sohni Dharti Remittance Programme, bringing an end to a reward scheme that encouraged overseas Pakistanis to send money home through formal banking channels. The central bank issued a circular to banks and exchange companies announcing the programme’s closure after operating for four and a half years. […]
Pakistan forecasts 8.6% inflation for next fiscal year
Pakistan’s Ministry of Finance has projected an average inflation rate of 8.6 per cent for the upcoming fiscal year 2026–27, as discussions with the International Monetary Fund (IMF) continue over the country’s macroeconomic framework. Read More: Short-term inflation up by 0.47% According to official details, Pakistan and the visiting IMF mission have reached broad agreement on the […]
IMF seeks additional taxes ahead of Pakistan’s budget negotiations for fiscal year 2026-27
Pakistan’s budget negotiations for fiscal year 2026-27 have entered a crucial phase as the International Monetary Fund (IMF) has reportedly asked the government to raise an additional Rs500 billion through new taxes measures. Read More: Pakistan budget 2026–27 eyes heavy taxes According to reports citing official sources, the demand comes as Islamabad finalises revenue targets and […]
IMF pressures Pakistan to tighten money laundering controls
The International Monetary Fund has urged Pakistan to adopt strict measures against trade-based money laundering before announcing the federal budget for fiscal year 2026-27. The Fund raised concerns over suspicious financial activities in trade, banking, real estate and non-financial business sectors, while demanding stronger oversight and faster enforcement actions to improve financial transparency and reduce […]
IMF decision on $1.2bn tranche expected today
Finance Minister Muhammad Aurangzeb has expressed optimism that the International Monetary Fund (IMF) Executive Board will approve Pakistan’s next $1.2 billion loan tranche during its meeting scheduled for Friday in Washington, DC. Read More: Pakistan meets most IMF targets, $1.2 billion tranche approval likely Speaking during a briefing of the National Assembly Standing Committee on Finance and Revenue, chaired […]
IMF reaches a staff-level agreement with Pakistan for $1.2 billion in financial support
WASHINGTON – The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan authorities, paving the way for the release of $1.2 billion in financial support under ongoing reform programmes. IMF, Pakistan reach staff-level agreement on $1.2 billion disbursement https://t.co/Ftz6Yjrdnx https://t.co/Ftz6Yjrdnx — Reuters World (@ReutersWorld) March 28, 2026 According to the IMF, the agreement […]
Pakistan accelerates Hesco and Sepco privatization amid IMF pressure
ISLAMABAD — The federal government has accelerated the privatization process of Hyderabad Electric Supply Company (Hesco) and Sukkur Electric Power Company (SEPCO) following pressure from the International Monetary Fund (IMF) to ensure timely completion, sources said. Read More: Govt launches privatisation process for five DISCOs under IMF reforms Authorities have directed financial advisers appointed for both power distribution companies […]
Pakistan drafts 15-point governance plan ahead of IMF review
ISLAMABAD: Ahead of the upcoming review by the International Monetary Fund (IMF), Pakistan has prepared a 15-point action plan to address governance and corruption risks, including identifying the 10 federal agencies most vulnerable to corruption and macro-critical exposures. Read More: Pakistan set to repay $1.3bn Eurobond ahead of IMF talks The 240-page plan, developed by the Government of […]
IMF weighs Pakistan power tariff changes
The International Monetary Fund (IMF) said on Saturday it is in discussions with Pakistan authorities over proposed power tariff revisions, stressing that any changes should avoid placing additional burdens on middle- and lower-income households. Read More: A practical path to ending Pakistan’s IMF dependence In a statement to Reuters, the IMF said the talks would assess whether […]