Abu Dhabi: The UAE Ministry of Finance has reported a 15% increase in Value Added Tax (VAT) and Excise Tax collections in 2025, reaching $12.53 billion (approximately AED 46 billion).
Islamabad: Pakistan’s federal debt has surged to an unprecedented Rs 81,930 billion, breaking all previous records, according to reports on June 9, 2026. In the past year alone, the debt
Islamabad – Pakistan is projected to spend approximately Rs 45,000 billion on interest payments for public debt over the next five years, reflecting growing fiscal pressures. The government’s revenue, both
Islamabad: The government has called sessions of both the National Assembly and Senate on June 10 in preparation for the presentation of the federal budget for fiscal year 2026-27. Minister
Islamabad: Pakistan has recorded a strong rise in external financial inflows, with foreign funding increasing by around 20 percent to reach $6.59 billion during the first nine months. The improvement
Lahore: The Punjab government has suspended funds for all new development schemes until June 30 as part of a fiscal review process. Officials say the decision has been taken to
Islamabad: State Bank of Pakistan’s foreign exchange reserves have declined to $15.8 billion following a $3.45 billion repayment to the UAE, reflecting ongoing external financing pressures. Analysts highlight that reserve
