May 20, 2025

SBP Increases Capital Requirements for Microfinance Banks

On May 19, 2025, the State Bank of Pakistan (SBP) announced a significant revision to the Minimum Capital Requirements (MCR) for Microfinance Banks (MFBs), aiming to […]
May 19, 2025

Pakistan Targets 30 Percent EV Sales by 2030

The Ministry of Industries has finalized a comprehensive National Electric Vehicle (NEV) policy aimed at transforming Pakistan’s transportation landscape. After consultations with key stakeholders, the draft […]
May 18, 2025

IMF Flags Pakistan’s Rs1 Trillion Tax Gap

The International Monetary Fund (IMF) has raised concerns over a projected tax revenue shortfall of up to Rs1 trillion for Pakistan in the fiscal year 2025–26. […]
May 12, 2025

IMF Ups Pakistan’s Surplus Target, Urges Spending Cuts

The International Monetary Fund has raised Pakistan’s primary budget surplus target to 1.6% of GDP for FY2025–26, up from 1% this year, signaling a strategic pivot […]
May 12, 2025

Texas Settles $1.38 Billion Case with Google

Google has reached a settlement in principle with the state of Texas, agreeing to pay $1.375 billion over allegations that it violated users’ data privacy. This […]
May 12, 2025

Pakistan Markets Set to Rally on Ceasefire and IMF Boost

The Pakistan Stock Exchange – PSX and the rupee (PKR) are expected to rebound sharply following a surprise ceasefire agreement with India and the International Monetary […]
May 11, 2025

ICMAP Proposes Crypto Framework and CBDC Roadmap

In early 2025, Pakistan’s Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) proposed a comprehensive framework for cryptocurrency adoption and the launch of a […]
May 11, 2025

IMF Grants $2.3 Billion to Pakistan Despite India Revolts

On May 9, 2025, the International Monetary Fund (IMF) approved a $2.3 billion financial assistance package for Pakistan, comprising a $1 billion disbursement under the Extended […]
May 8, 2025

GSMA Urges Pakistan for Lower Mobile Service Taxes

The Global System for Mobile Communications Association (GSMA) has urged the federal government to reconsider the current tax structure on mobile services in Pakistan. In a […]
May 7, 2025

Crackdown Begins: PTA Targets Illegal Phone Approvals

The Pakistan Telecommunication Authority (PTA) has issued a stern warning against the use of illegally patched mobile phones, signaling a significant crackdown on unauthorized device registrations. […]
May 6, 2025

Science Ministry Cuts 200+ Jobs in Restructuring Drive

In a sweeping decision by the Ministry of Science and Technology (MoST), over 200 jobs are being eliminated as part of a major restructuring plan. The […]
May 6, 2025

Trump’s TikTok Deal Twist Keeps Everyone Guessing

In a surprising turn, former US President Donald Trump may extend the deadline for ByteDance to reach a deal concerning TikTok’s US operations. Initially set to […]