Pakistan Economy
Pakistan Sees 59% Jump in July Foreign Inflows
Pakistan began the new fiscal year with a strong rise in foreign inflows, recording $695 million in July, marking a 59 percent increase compared to…
IMF Delegation Visit to Pakistan Set for Next Economic Review
The federal government has confirmed that an IMF delegation visit to Pakistan is scheduled for the upcoming economic review, with preparations now finalized. Federal Finance…
Audit Finds Five Countries Owe Pakistan Over Rs86 Billion
Pakistan is still waiting to recover more than Rs86 billion from five countries that have defaulted on payments for decades, official audit documents reveal. These…
Pakistan Trade Deficit Widens to $2.75 Billion in July 2025
Pakistan’s trade deficit reached $2.75 billion in July 2025, marking a sharp increase of over 44 percent compared to the $1.90 billion deficit recorded in…
TDAP Rolls Out Export-Boosting Framework to Position Pakistan Globally
ISLAMABAD: The 12th Board Meeting of the Trade Development Authority of Pakistan (TDAP) was held in Islamabad under the chairmanship of the Minister for Commerce,…
SBP Buys $6.8B to Boost Reserves, Repay Debt
The State Bank of Pakistan (SBP) has made a significant move to stabilize its foreign reserves by purchasing $6.8 billion from the interbank market between…
Pakistan and World Bank Align on $40 Billion CPF Strategy
During high-level meetings in Washington, the World Bank and Pakistani officials confirmed their renewed commitment to implementing the recently launched Country Partnership Framework (CPF) 2026–2035,…
SBP Foreign Exchange Reserves Decline by $2.65 Billion in One Week
The SBP foreign exchange reserves witnessed a sharp decline of $2.65 billion in a single week, dropping to $9.06 billion as of June 20, 2025,…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
Pakistan Posts $103mn Current Account Deficit in May 2025
Pakistan’s current account swung into a $103 million deficit in May 2025, reversing the surplus of $47 million seen in April, according to new data…
Pakistan’s Foreign Exchange Reserves Hit 26-Month High
KARACHI: Pakistan’s foreign exchange reserves hit a 26-month high, rising by $167 million on a weekly basis, according to the latest data issued by the…
LSM Growth in Pakistan Declines for Third Straight Year
ISLAMABAD: The LSM growth in Pakistan recorded a 1.5% contraction during July–March FY2025, compared to a marginal decline of 0.22% in the same period last…
PIA Posts Rs. 9.3B Profit Despite 16% Revenue Drop
Pakistan International Airlines (PIA) witnessed a 16.8% drop in operating revenue for the calendar year 2024, with earnings totaling Rs. 204.16 billion, as outlined in…