September 10, 2026
At a Republican convention in Dallas the president promised a $5,000 payment to every American adult if his party retains Congress in November, without saying how it would be funded or whether it is lawful.
August 20, 2026
The government cut diesel by Rs32.63 a litre this week. It did so not by reducing its own tax but by asking four private refineries to give up part of their margin. Aflatoon on relief that arrives without the treasury paying for any of it.
August 20, 2026
Total US public debt outstanding reached $40.047 trillion, the Treasury said, more than double the $19.95 trillion when Donald Trump first took office in January 2017. Budget watchdogs warn of a brewing fiscal crisis.
July 2, 2026
The IMF Executive Board completed its third review of Pakistan's Extended Fund Facility on May 8, unlocking a $1.32 billion disbursement that brought total receipts under the 37-month programme to $4.8 billion. Pakistan now enters FY2026-27 with the fourth review pending — and a disputed tax target of Rs15.6 trillion that the IMF wants and Islamabad has not yet agreed to.
June 22, 2026
Lawmakers approved 125 demands for grants for FY2026-27 and threw out every opposition cut motion, with debate on the balance and the Finance Bill set to continue, as Pakistan moves to lock down its Rs18.8tr budget before July 1.
June 16, 2026
In a cross-bench Senate debate on the FY2026-27 finance bill, lawmakers said record interest payments and a widening reliance on the petroleum levy are crowding out development and welfare, even as the government touts salaried-class tax relief.
The Pakistan Stock Exchange (PSX) saw a positive performance on Friday, as the KSE-100 index won 1,581.77 points, or 1.3%, reaching the current index at 123,628.23 during intravenous trading. The index traded between 123,628.23 and low 122.222.69, showing a moderate fluctuation. The market is currently suspended for the NAMAZ break and will continue afterwards. Source: PSX The market saw a strong commercial activity with a total volume of 81,076,304 shares and a total value of RS9.001.266.999. The previous closure of the index was 122,046.46, reflecting a remarkable improvement, as the feeling of investors remained positive. The National Assembly approved on
Listen to the article The Pakistan’s Stock Exchange (PSX) arrived at a new high -end high on Tuesday, with the KSE 100 crossing the 124,000 -point sign for the first time in history during inter -business trading. The index won 1,990.41 points, or 1.63%, as the market was 124,014.85 around noon. During the continuing session, he culminated in 124,135.96 points, while Low Intraday was 123,237.99 points. The volume of trading amounted to 146.42 million shares, with a total market value of RS13.84 billion. This increase follows the announcement of the federal budget, which has been well received by investors, causing
April 24, 2025
Listen to the article US President Donald Trump said he opposes the introduction of a new tax on millionaires, warning that the highest rates could push rich Americans to leave the country completely. Speaking from the Oval Office, Trump told reporters that while wealthy people once moved from the state to state to avoid higher taxes, modern transport has facilitated international relocation. “In the old days, they left the states,” Trump said. “Now, by transporting so fast and so easy, they leave countries. You lose a lot of money if you do that.” The president added that wealthy citizens are
Listen to the article Pakistan’s economy presents positive signs of stability and recovery, with an expected 2.5% increase in real GDP for the financial year 2025 (ending June 30, 2026). This development reflects the impact of strict macroeconomic policies and progress on basic economic reforms. According to the Asian development perspective (ADO) in April 2025, the Asian Development Bank (ADB) flagship (ADB), Pakistan’s growth rate for FY2025 is expected to remain the same as the previous year (FY2024), which also increased 2.5%. ADB reports that Pakistan’s growth is expected to be up to 3.0% FY2026. Growth prospects are assisted by
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
October 26, 2026
The Pakistan Daily
October 26, 2026
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