Overview
- Finance Minister Muhammad Aurangzeb said macro stability is taking hold, citing a recent IMF staff‑level agreement and upgrades from three global rating agencies.
- FBR reported a 1.5 percentage‑point rise in the tax‑to‑GDP ratio and an 18% jump in individual filers to 5.9 million, with no immediate plan for new taxes and a medium‑term target of 18% of GDP.
- Energy Minister Awais Leghari said circular debt fell by Rs700 billion in a year, a Rs1,200 billion loan facility has been secured, the CTBCM power market will launch by January or February, and automated—ultimately prepaid—metering will be rolled out over three years as the state exits power purchasing.
- Privatisation officials said First Women Bank was sold for Rs5 billion, four consortiums are in the PIA process with a goal to complete it by year‑end, and DISCO transactions will start with IESCO, LESCO and FESCO.
- The government said 20 ministries have been restructured with 54,000 vacant posts abolished and PASSCO to be shut, while the Digital Nation Pakistan plan advances toward a cashless economy with a National Digital Exchange Layer pilot slated for December.