IMF Pushes New Conditions on Pakistan for Budget and Reforms

The International Monetary Fund (IMF) has introduced fresh structural benchmarks for Pakistan’s upcoming budget. The conditions aim to reform trade, taxation, energy, and industrial incentives. These reforms are part of Pakistan’s commitment under the IMF’s Extended Fund Facility (EFF) and the newly agreed Resilience and Sustainability Facility (RSF). One of the IMF’s key demands is …

Commerce Ministry Pushes for EV Policy Reforms in Pakistan

Islamabad: The Ministry of Commerce has proposed significant changes to Pakistan’s electric vehicle (EV) policies. These reforms aim to remove the cap on EV batteries for cars, vans, and SUVs and eliminate the 25% sales tax on EVs priced above Rs4 million. EV Battery Cap and Sales Tax Reforms During a recent steering committee meeting, the …

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