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HomeAuthorsPosts by Shoaib Nizami

Shoaib Nizami

Shoaib Nizami reports Finance, Fedeal Board of Revenue, Planning , Public Accounts, Banking, Capital Market, SECP, IMF, World Bank, Asian Development Bank, FATF updates for ARY News
Pakistan

Audit reveals massive overbilling by electricity distribution companies

ISLAMABAD - July 22, 2025: Widespread financial irregularities have come to light within entities operating under Pakistan's Power Division, ARY News reported on Tuesday,...
Pakistan

Govt increases petrol price for next fortnight

ISLAMABAD: The federal government has announced new petrol and diesel prices for the next fortnight, ARY News reported. According to a notification issued by the...
Business

IMF ‘objects’ to sugar import subsidy

ISLAMABAD: The International Monetary Fund (IMF) has expressed reservations over Pakistan's decision to offer tax exemptions and subsidies on imported sugar, warning that such...
Business

Pakistan’s state-owned enterprises incur Rs5.89tr in losses: report

ISLAMABAD: A recent report revealed staggering financial losses across Pakistan’s government institutions, with the cumulative deficit of over 15 state-owned enterprises exceeding Rs. 5,900...
Business

FBR fails to meet FY 2024-25 tax collection target

ISLAMABAD: The Federal Bureau of Revenue (FBR) has failed to achieve its tax collection target for the fiscal year 2024-25, ARY News reported, citing...
Business

Tariff reforms key to export-led economy, says Aurangzeb in post-budget presser

ISLAMABAD: Finance Minister Muhammad Aurangzeb is addressing post-budget press briefing on key details of Budget 2025-26, ARY News reported. The briefing began with journalists staging...
Business

Budget 2025–26: GDP growth target set at 4.2%

Federal government has set GDP growth target at 4.2 per cent in the budget 2025-26, ARY News reported on Tuesday, citing budget document.  The budget...
Must Read

Budget 2025-26 to tighten tax regulations on non-filers

The Pakistan Budget 2025-26 is scheduled to impose severe tax reforms targeting non-filers and tax evaders, sources told ARY News on Monday. As part of...
Business

Budget 2025-26: Pakistan likely to slash taxes on cosmetic items

ISLAMABAD: The Pakistan government is likely to slash import duties on the cosmetic items in the budget 2025-26, ARY News reported on Thursday, citing...
Business

NEC approves Rs1,000 bln development outlay for budget 2025–26

In a high-level meeting chaired by Prime Minister Shehbaz Sharif, the National Economic Council (NEC) has approved a Rs1,000 billion development budget for the...
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