Active pump jacks increase pressure to draw oil toward the surface at the South Belridge Oil Field on February 26, 2022, — AFPPrices at three-month lows, but above pre-war levels.Some analysts expect Hormuz flows to resume in several weeks.US is using an Iranian smuggling…
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Pakistan ‘seeks’ $10bn in US backstop facility to boost reserves
Finance Minister Muhammad Aurangzeb meets US Treasury Secretary Scott Bessent in Washington, US, July 21, 2026. — X/@FinancegovpkPakistan seeks $10 billion in US FX stabilisation facility.Loan aimed at boosting reserves, easing rupee pressure. Request follows Pakistan’s US-Iran war…
IMF’s Executive Board meets today to review $1.2bn loan for Pakistan
IMF headquarters in Washington. —AFP/FilePakistan awaits IMF approval of $1.2bn under two facilities.IMF reviews Pakistan’s loan request after October SLA.Pakistan expects $1bn under EFF and $200m via RSF.
ISLAMABAD: The International Monetary…
FBR further extends income tax return filing deadline to October 31
An undated image of the Federal Board of Revenue building in Islamabad. — APPPrevious filing deadline was October 15.Initially, the date was September 30.FBR issues circular announcing fresh deadline.
ISLAMABAD: The Federal Board of Revenue on Thursday further extended…