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RESEARCH REPORTS

BMA In Focus: Pakistan Federal Budget 2025-2026...

Pakistan’s Federal Budget for 2025-26 has focused on balancing austerity with targeted relief. Under the IMF’s guidance, the government is targeting l

BMA In Focus: Pakistan Economy - Budget FY25-26...

The Finance Minister has announced the Budget for Fiscal Year FY25-26 with a total outlay of PKR 17.5 TN (6.9% lower than last year) and total revenue

BMA In Focus: Maple Leaf Cement Factory Ltd. (M...

We reiterate our BUY stance on Maple Leaf Cement (MLCF) with a revised June 2026 Target Price (TP) of PkR 126/share, offering a potential upside of 66

LATEST NEWS

Pakistan gets $20bn in external assistance...

Pakistan secured nearly $20bn in foreign loans and grants during the first 11 months (July-May) of 2024-25, surpassing the annual target of $19.2bn se

IMF rejects tax rebate for teachers, researcher...

Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial, Saturday, informed the National Assembly Standing Committee on Finance that the Inter

Pakistan signs $4.5bn loans with local banks to...

Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay dow