22pc reduction in POL products’ consumption: IMF sees Rs350bn levy shortfall

Islamabad: The International Monetary Fund (IMF) has assessed the government would have to face a shortfall of Rs300-350 billion on account of Petroleum Development Levy (PDL) in the wake of a 22 percent reduction in consumption...

Stranded gas, strangled industry

While the current decline in global energy prices would benefit most manufacturing economies, it poses a serious challenge for Pakistan’s export industry. Over the past few weeks, Brent crude has dropped from ~$75 to ~$65 p...

16-Apr-2025 Read More

Relief for the salaried people

Finance Minister Muhammad Aurangzeb after attending the inauguration ceremony of ‘Made in Gujranwala Exhibition’ organised by the Gujranwala Chamber of Commerce and Industry acknowledged that the benefits of a very low infla...

16-Apr-2025 Read More

Economic Legitimacy

The Pakistani economy appears to be enjoying rare, near-unanimous approval from global institutions—particularly multilateral financial organisations that have historically taken a cautious, often critical stance. That these v...

16-Apr-2025 Read More

What is KP’s mining bill?

The Khyber Pakhtunkhwa Mines and Minerals Amendment Bill 2025 is an update to the 2017 law, with the primary objective to attract domestic and foreign investment, enhance transparency, and curb illegal mining to leverage the pro...

16-Apr-2025 Read More

Carbon markets with a gendered lens

Carbon markets are emerging as an essential financial mechanism in the global effort to combat climate change. By assigning a monetary value to carbon emissions, these markets incentivise emission reductions while supporting sus...

16-Apr-2025 Read More