Across developing economies, macroeconomic stabilization programs under the International Monetary Fund (IMF) mandate strict fiscal discipline. In Pakistan, these adjustments primarily manifest as broad-based sales tax hikes, reduced public subsidies, and state-level austerity measures that heavily impact everyday consumers. However, ongoing public and economic debates highlight a sharp contrast: while the general population shoulders the…
In a significant development for Islamabad’s economic future, the Capital Development Authority (CDA) has engaged in discussions with a high-level delegation from the Chinese Embassy to explore potential investments in Islamabad’s digital infrastructure and tourism sectors. The meeting, held at the CDA Headquarters on March 13, 2025, was chaired by CDA Chairman Muhammad Ali Randhawa…
The Federal Board of Revenue (FBR) has announced sweeping tax reforms aimed at invigorating Pakistan’s real estate market. FBR Chairman Rashid Mahmood unveiled these measures in a recent meeting of the Taxation Task Force for Housing Sector Development. The reforms include reductions in withholding taxes, reconsideration of the Federal Excise Duty (FED) on property transactions,…
