ISLAMABAD — The Pakistani government has requested a nearly 16% increase to its defense budget, despite a standoff with the International Monetary Fund over economic stagflation. The government ...

India and Pakistan share borders, history, and often hostilities—but when it comes to economic performance and fiscal planning, they live in two starkly different worlds. As Pakistan unveils its ...

ISLAMABAD (Reuters) -Pakistan has set a challenging tax revenue target of 13 trillion rupees ($46.66 billion) for the year starting July 1, a near 40% jump from the current year, in its national ...

The decision was reportedly made by the Economic Coordination Committee (ECC) of the cabinet in a meeting held on Tuesday.

After facing major blows following tensions with India, Pakistan announced its federal budget for FY26 on Tuesday, shrinking overall spending by 7% with growth target at 4.2% for the fiscal year.

ISLAMABAD, June 14 (Reuters) - Pakistan's plan to raise taxes in its 2024-25 budget and boost state revenues will help it win approval from the International Monetary Fund for a loan to stave off ...

ISLAMABAD — The International Monetary Fund slammed Pakistan’s government on Thursday over its proposal for the new annual budget, saying it failed to implement a more fair tax system in the draft.

(Reuters) -The International Monetary Fund expressed deep condolences on Saturday for the loss of life caused by Pakistan's devastating floods and said its upcoming Extended Fund Facility review ...

Pakistan’s government presented a budget for the next financial year that looks to balance boosting economic growth with the tough conditions imposed by the International Monetary Fund to revive a ...

Pakistani university academics held huge demonstrations last week to protest deep cuts in the country’s higher-education budget and delays in distributing funds from last year’s budget, reports Nature ...