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…
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Govt, IMF mull raising GST, withholding taxes on solar panels and internet services
The International Monetary Fund’s building in Washington, US. — AFP/FileMeasures to apply in on revenue shortfall, inability to cut expenses.Hike in withholding tax on internet service to up to 20% proposed.Contingency measure suggests raising GST on solar panels to 18%.
World Bank approves $700m for Pakistan’s economic stability
A World Bank building. — Reuters/ FilePakistan to receive $700m from WB under multi-year programme.Financing approved under PRID-MPA initiative: World Bank.$600m approved for Centre, $100m for Sindh: World Bank.
The World Bank said that it has approved $700 million in…
Freelancers’ export earnings cross $350m in July-August FY27
This photograph shows employees of online marketplace company in Karachi. — AFP/FileExport receipts up 44% recorded in corresponding period of 2025.Non-IT services generate $139m during July-August period.PAFLA chief hails govt for conducting skills-development courses.