Category: Finance

Pakistan’s Economic Comeback: Ishaq Dar Discusses Growth & Privatization

Pakistan’s Economic Journey: From Crisis to Progress During a special address at a Pakistan Business Council event, Deputy Prime Minister Ishaq Dar reaffirmed that Pakistan’s economy is regaining strength, despite past difficulties. Dar reflected on 2013’s challenges, where the country faced:⚡ Unprecedented load shedding🔫 Terrorism on the rise📉 A weak financial system on the verge […]

October 2024 Sees Pakistan’s Current Account in Surplus by $349 Million

For the third month in a row, Pakistan has achieved a current account surplus, recording $349 million in October 2024, as reported by the State Bank of Pakistan (SBP). This marks a stark contrast to October 2023, which had a deficit of $287 million, showcasing considerable improvement in the country’s external financial health. Strong Export […]

Textile Exports of Pakistan Grow by 5.37% in First Two Months of FY2024-25

Pakistan’s textile exports have seen a 5.37% increase in the initial two months of FY2024-25, with exports reaching $2.915 billion, compared to $2.766 billion during the same period last year, according to the Pakistan Bureau of Statistics (PBS). The knitwear segment showed impressive growth, with exports increasing by 7.15% to $820.585 million. Cotton cloth exports […]

Pakistan Makes Progress in Meeting IMF Loan Targets

Pakistan has made significant progress in meeting the requirements set by the International Monetary Fund (IMF) for its ongoing loan program, according to inside sources. Out of the 26 conditions, the country has successfully achieved 25, demonstrating its commitment to financial reform and stability. One of the key achievements highlighted in the Ministry of Finance’s […]

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