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 […]