The government of Pakistan on June 10th introduced a budget for 2025-2026. It has taxed everyone, including freelancers, this time, but not PSX investors.
It is expected that the government of Pakistan may not change, or only minimal price adjustments may occur to petrol prices next month.
Government of Pakistan in the upcoming budget will ensure that Dams and Hydro Power Plants are the top priority to tackle India's misadventure.
The IMF has stopped Indian propaganda that Pakistan would use IMF funds to support military action against India.
IMF said that if government of Pakistan wants to provide relief to the masses than it would have to adjust its expenditure.
The government of Pakistan is thinking of alternative plans to increase the taxes, as world practice is to increase taxes on petroleum products.
Pakistan, yet again for the month of April 2025, has posted a US 12 million dollar surplus as Pakistan keeps its commitments towards reforms.
State Bank of Pakistan has received second Installment of EFF program and new IMF program, which depends on climate finance.
For the first time, PSX has reached 120,000 points due to IMF package approval and a ceasefire between Pakistan and India.
Despite of India attempt to block the IMF funding for Pakistan, other executive directors ignore India request and voted in favor for the Loan.
Pakistan received US 3.2 billion dollars for the month of April 2025, and it is the 32% higher compare to April 2024 last year.
Today IMF will hold an executive meeting to approve Pakistan loan worth US 1.3 billion at US time.