Pakistan Economy
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…
Pak Govt’s Domestic Debt Soars to Rs.73tr
KARACHI: Pakistan’s domestic debt climbed to Rs73.6 trillion by the end of March 2025, as fiscal deficit financing pushed borrowing levels higher, according to fresh…
IMF Approves $2.1 Billion for Pakistan Despite Indian Objections
WASHINGTON: In a major financial boost, the International Monetary Fund (IMF) has approved $2.1 billion for Pakistan, comprising a $1 billion disbursement under the Extended…
SBP Lowers Interest Rate to 11% on Inflation Relief
The State Bank of Pakistan (SBP) has lowered the policy rate by 100 basis points, bringing it down to 11 percent, effective May 6, 2025.…
SBP Prepares for Crucial Monetary Policy Meeting Next Week (Rate cuts?)
The SBP monetary policy meeting has been scheduled for Monday, May 5, 2025, with growing anticipation of a potential interest rate cut, according to local…
Gold Prices See Biggest Drop Ever in Pakistan, Fall to Rs352,000 per Tola
In an unprecedented market shift, gold prices in Pakistan have plummeted to historic lows, recording the steepest single-day drop ever, while silver prices have shown…
Fitch Upgrades Pakistan Credit Rating to ‘B-‘ with Stable Outlook
ISLAMABAD: Fitch on Tuesday upgraded Pakistan credit rating to ‘B-‘ from ‘CCC+’, reflecting increased confidence in the country’s fiscal consolidation efforts, economic policy credibility, and…
FBR Registered Businesses Cross 12.5 Million as Tax Base Expansion Gains Momentum
ISLAMABAD: The number of FBR registered businesses has officially crossed 12.5 million, according to figures presented in the National Assembly, marking a significant milestone in…
Pakistan Secures IMF Staff-Level Agreement for $1.3 Billion Loan
ISLAMABAD: Pakistan has reached a staff-level agreement (SLA) with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability…
PM Directs Ministers to Hold Sector-Wise Consultations with Business Leaders to Drive Economic Growth
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed the relevant ministries and authorities to engage with the businessmen and prepare within a week for…
