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ISLAMABAD:
Pakistan received $9.7 billion in foreign loans, or a little over half of the annual estimate, in the first nine months of the current fiscal year, as the government could not convince the international credit rating agencies to upgrade the country’s junk rating.
The current fiscal year may end without any major issuance…
" The Federal Board of Revenue (FBR) fell short of its tax collection target for March 2024, falling Rs. 44 billion short of the IMF-set goal of Rs. 879 billion. The shortfall marks the third consecutive month FBR has missed its target. Despite the tax collection miss, the Finance Ministry released a monthly report highlighting…