Report by CBN247 : Following a deadly escalation in the Tirah Valley, where a 10-year-old girl was killed during a security operation and five more civilians died in subsequent protests, tribal elders and security officials held a jirga (traditional council) to address the growing tensions. According to security sources, the jirga was held under the…
By Staff Reporter : Islamabad: Finance Minister Muhammad Aurangzeb on Tuesday presented the federal budget for the fiscal year 2025-26, outlining key reforms and growth targets aimed at building a “competitive economy” amid calls for stability and equity. Unveiling a total budget outlay of Rs17.6 trillion—down by Rs1.3 trillion from the outgoing year—the government has…
Report by Riaz Hussain : A few banks, informally referred to as “export banks,” dominate the inflow of export proceeds and are among the few institutions capable of arranging U.S. dollars. However, a persistent dollar shortage continues to widen the gap between the official exchange rate and the market-driven value. According to the Exchange Association,…
The federal government has decided, in the upcoming budget for the fiscal year 2025–26, to impose an 18% sales tax on goods produced in the former tribal areas (FATA/PATA). The objective behind this move is to increase revenue and expand the tax net. Sources reveal that with the removal of the sales tax exemption, it…
In a significant diplomatic development, Pakistan’s Foreign Minister Ishaq Dar and Taliban-appointed Foreign Minister Amir Khan Muttaqi are set to arrive in Beijing for a trilateral meeting hosted by China. The talks aim to boost regional cooperation on trade, security, and stability amid growing geopolitical challenges. According to Pakistani media reports citing official sources, Ishaq…
Report By CBN247 : Institute for Public Opinion and Research (IPOR) arranged seminar titled ‘A Nationwide Market Assessment of Track and Trace Compliance in Pakistan Tobacco Industry’ at Peshawar Press Club, on Wednesday. The speakers said that data is collected from August to December 2024 and it is revealed from sale points. They claimed that…
Riaz Hussain Mardan Central leader of the Awami National Party (ANP) and former Chief Minister of Khyber Pakhtunkhwa, Amir Haider Khan Hoti, has termed the Mines and Minerals Bill 2025 a serious attack on the Constitution of Pakistan—particularly the 18th Constitutional Amendment—and on provincial autonomy. Addressing the Mardan Bar Association, he said the bill represents…
Monitoring Desk : Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-’ from ‘CCC+’, reflecting growing confidence in the country’s recent economic reforms and fiscal discipline. The outlook remains Stable. In a statement issued Tuesday, Fitch cited Pakistan’s strides in narrowing budget deficits, implementing structural reforms, and adhering to its IMF…
By Sajjad Mohmand Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a $1.3 billion loan under the Resilience and Sustainability Facility (RSF). This 28-month program aims to bolster the country’s climate resilience while strengthening macroeconomic stability. Additionally, the IMF has completed its first review and The new $1.3 billion arrangement…
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