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Laws & Taxes 12 Dec 2025
Pakistan's government has agreed to 11 new IMF targets, including tax hikes and spending cuts from next month, after missing 11 prior benchmarks in its $7 billion Extended Fund Facility.Immediate actions address FBR shortfalls of Rs430 billion in FY26's first five months by raising excise duties on fertilizers, pesticides, and sugary items, plus shifting goods to 18% GST if revenues lag. Waivers cover misses on social spending, deficits, and tax returns, unlocking $1.2 billion disbursement post second review. Plans include FBR reforms by March 2026, tax policy strategy by December 2026, agriculture tax optimization, SEZ incentive phase-out by 2035, power sector privatizations starting early 2026, asset declarations, NAB risk plans, and SOE/SWF law amendments by mid-2026
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Buying & Selling 12 Dec 2025
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Lifestyle 11 Dec 2025
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Investing 11 Dec 2025
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