Pakistan Economy
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…
Eid Holidays Cancelled for These Departments, Govt Confirms
The Ministry of Finance has officially cancelled Eid-ul-Azha holidays for key staff members directly involved in the preparation of the fiscal year 2025-26 budget. Employees…
Pakistan Trade Deficit Widens to $24 Billion
Pakistan’s trade performance for the first eleven months of fiscal year 2024–25 shows a mixed trend, as exports grew moderately while the Pakistan trade deficit…
Pakistan’s Central Govt Debt Rises by 13.4% YoY
The federal government’s total public debt has climbed to nearly Rs. 75 trillion, marking a significant increase of 13.4 percent year-on-year (YoY), according to recent…
Govt Secures $2.5 Billion in Foreign Aid Commitments for Pakistan
ISLAMABAD: Pakistan secured foreign aid commitments worth $2.5 billion from development partners during the first half (July–December) of the current fiscal year 2024–25, according to…
ADB Board Approves Loan for Pakistan Despite Indian Outcry
The Asian Development Bank (ADB) has officially approved an $800 million financing package for Pakistan, despite vocal opposition from India. The ADB loan for Pakistan…
