Pakistan Economy
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…
Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy
ISLAMABAD: The federal government is expected to unveil a dual pricing system in Budget 2025-26. The plan introduces different tax and transaction rates for cash…
Pak Govt Set to Approve Ambitious Economic Targets for FY2025-26
As Pakistan prepares to finalize its economic roadmap for the next fiscal year, the federal government is expected to approve a set of key macroeconomic…
Pakistan Foreign Exchange Reserves Jump by $70 Million Ahead of FY26 Budget
Pakistan foreign exchange reserves witnessed a significant rise of $70 million, as per the latest data released by the State Bank of Pakistan (SBP) on…
Here’s a Breakdown of Pakistan External Funding in 2024-25
ISLAMABAD: Pakistan external funding has exceeded $14 billion during the first ten months of the current fiscal year, as per the Economic Affairs Division. The…
Pakistan’s Economy Is Now Valued at $411 Billion
ISLAMABAD: The National Accounts Committee (NAC) approved the GDP estimates for the third quarter and the full fiscal year 2024-25, revealing that the country’s economy…
IMF Projects Pakistan’s External Debt to Reach $126.7 Billion by 2025-26
ISLAMABAD: The International Monetary Fund (IMF) has projected that Pakistan’s external debt will rise to $126.731 billion in 2025-26, up from an estimated $123.338 billion…