Syed Faraz Equities
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*SYED FARAZ EQUITIES - SFEL* ```26th May, 2025``` *Business News Update:* *Pakistan receives $518m external financing in April* https://mettisglobal.news/pakistan-receives-518m-external-financing-in-april/ *IMF says talks on Pakistan’s FY26 budget to continue* https://mettisglobal.news/imf-says-talks-on-pakistans-fy26-budget-to-continue/ *Federal Budget to be presented on June 10* https://mettisglobal.news/federal-budget-to-be-presented-on-june-10/ *PM in Istanbul to thank a friend in need* https://www.brecorder.com/news/40364690/pm-in-istanbul-to-thank-a-friend-in-need *FBR to levy 18pc ST in erstwhile tribal areas* https://www.brecorder.com/news/40364686/fbr-to-levy-18pc-st-in-erstwhile-tribal-areas *FY26 budget may envisage Rs1.079trn power subsidy* https://www.brecorder.com/news/40364684/fy26-budget-may-envisage-rs1079trn-power-subsidy *Pakistan, IMF agree on budget blueprint* https://www.dawn.com/news/1913147/pakistan-imf-agree-on-budget-blueprint *NEPRA approves KE’s multi-year Tariff Regime* h

*SYED FARAZ EQUITIES - SFEL* ```23rd May, 2025``` *Business News Update:* *Pakistan to unplug power monopoly, eyes competitive market* https://www.thenews.com.pk/print/1314402-pakistan-to-unplug-power-monopoly-eyes-competitive-market *IMF not too ‘keen’ on relief steps in budget, links them to FBR revenue* https://www.thenews.com.pk/print/1314388-imf-not-too-keen-on-relief-steps-inbudget-links-them-to-fbr-revenue *Meeting agrees on fast-tracking 10-year CPF* https://tribune.com.pk/story/2547341/meeting-agrees-on-fast-tracking-10-year-cpf *SBP forex reserves hit four-month high of $11.45bn on IMF tranche* https://www.thenews.com.pk/print/1314334-sbp-forex-reserves-hit-four-month-high-of-11-45bn-on-imf-tranche *Govt eyes Rs70.89bn via Bai Muajjal Sukuk* https://mettisglobal.news/govt-eyes-rs70-89bn-via-bai-muajjal-sukuk/ *Gold price in Pakistan falls Rs1,900 per tola* https://mettisglobal.news/gold-price-in-pakistan-falls-rs1900-per-tola/ *PM Shehbaz vows to expedite institutional reforms as IMF lauds e
