Coal Import Duty

Coal Import Duty Cut Approved in Key IMF-Linked Reform

ISLAMABAD: The federal government has announced changes to the Coal Import Duty structure under Budget 2026-27 as part of broader fiscal and energy-sector reforms linked to commitments under Pakistan’s ongoing program with the International Monetary Fund (IMF). The measure, unveiled during the federal budget presentation, is intended to streamline taxation in the energy sector, improve…

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Salary Pension Increase

Salary Pension Increase Approved in Key Budget Relief

ISLAMABAD: The federal cabinet has approved a Salary Pension Increase for government employees and retirees as part of Pakistan’s Budget 2026-27, providing financial relief amid ongoing inflationary pressures and rising living costs. The decision, endorsed during a cabinet meeting chaired by Prime Minister Shehbaz Sharif, includes a 7 percent increase in salaries and pensions for…

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The IMF Executive Board has approved Pakistan's $3 billion loan program

The IMF Executive Board has approved Pakistan’s $3 billion loan program

The International Monetary Fund (IMF) Executive Board has approved Pakistan’s $3 billion loan program. The Executive Board of the IMF approved the standby agreement with Pakistan. With IMF approval, $1.2 billion will be released immediately, with $1.8 billion scheduled after reassessments in November and February. The International Monetary Fund says that Pakistan has to stick…

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Fear of interference in the European democratic system, MPs approved proposals to deal with it

Fear of interference in the European democratic system, MPs approved proposals to deal with it

Members of the European Parliament have expressed concern that interference in our democratic system and manipulation of information is expected to increase ahead of the European elections in 2024. Adequate funding is therefore essential to combat misinformation and maintain the democratic process. These views were expressed by members of the European Parliament’s Special Committee on…

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The OIC resolution against the Israeli occupation was approved by an overwhelming majority in the World Human Rights Council

The OIC resolution against the Israeli occupation was approved by an overwhelming majority in the World Human Rights Council

File photo: The United Nations Human Rights Council overwhelmingly approved the OIC resolution against the Israeli occupation. Pakistan presented OIC resolution against occupation of Beit al-Maqdis and Golan Heights. There were 38 votes in favor of the resolution and 4 against. 5 countries did not participate in the voting. United States and Great Britain were…

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