Pakistan’s economy is showing signs of steady improvement as industrial activity strengthens and key structural reforms take effect, according to the Finance Division’s latest Monthly Economic Update and Outlook. Despite ongoing inflationary pressure, officials remain cautiously optimistic about the country’s near-term economic trajectory. The report indicates that inflation for November is expected to remain between […]
Coordinated Decision-Making Essential to Sustain Economic Growth, Says PM Shehbaz Sharif
Prime Minister Shehbaz Sharif has emphasized the need for cohesive and coordinated decision-making to support long-term economic growth, urging the swift integration of private-sector recommendations into a unified national industrial policy. He issued the directive while chairing a meeting of the private-sector committee on national industrial development in Islamabad on Friday. The prime minister stated […]
Pakistan, France Sign Deal to Advance Minerals and Mining Cooperation
Pakistan and France have taken a significant step toward strengthening their partnership in the minerals and mining sector. Both countries have agreed to expand cooperation in investment, exploration, and sustainable resource development, marking a promising shift for Pakistan’s growing minerals economy. The understanding was reached during a high-level webinar titled “Pakistan’s Minerals Economy: Gateway to […]
Blue Economy to Prove Game-Changer for Pakistan: Aurangzeb
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday expressed optimism that the blue economy will emerge as a game-changer for Pakistan’s long-term economic growth and sustainability. Addressing the Pakistan International Maritime Expo & Conference (PIMEC) virtually at the Expo Centre Karachi, the finance minister said that the blue economy — encompassing fisheries, […]
Saudi Arabia Extends $1 Billion Oil Facility, Rolls Over $5 Billion Deposits to Pakistan
Pakistan’s struggling economy received a major financial boost as Saudi Arabia renewed its long-standing economic support, extending a $1 billion oil facility and rolling over $5 billion in deposits placed with the State Bank of Pakistan (SBP), according to confirmation from the Finance Ministry. The extension underscores Riyadh’s continued commitment to Pakistan’s financial stability, especially […]
IMF Raises Concerns Over Pakistan’s Wheat Policy; Govt Clarifies No Fixed Support Price
The International Monetary Fund (IMF) has expressed concern over Pakistan’s newly approved wheat policy, which initially appeared to include a minimum support price (MSP) mechanism — a move the Fund viewed as potentially market-distorting. According to sources within the Ministry of National Food Security & Research, the IMF sought immediate clarification after the policy’s approval, […]
Salaried Class Becomes Top Tax Contributor Once Again in First Quarter of FY 2025-26
The salaried class has once again emerged as the highest contributor to Pakistan’s income tax revenue during the first quarter of the ongoing fiscal year, according to figures shared by the Federal Board of Revenue (FBR). The contribution saw a substantial rise as compared to the same period last year, highlighting the growing tax burden […]
Pakistan, IMF Reach Staff-Level Agreement Worth $3.3 Billion Under EFF and RSF
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), a major step signaling renewed confidence in Pakistan’s economic management and reform progress. The agreement covers the second review of the EFF and the first review of the RSF, with […]
Pakistan’s domestic debt surpasses Rs54 trillion amid soaring interest payments
Pakistan’s domestic debt has hit an all-time high, crossing Rs54.47 trillion as of June 2025, reflecting a massive increase of over Rs28 trillion within just five years. The surge underscores the country’s growing reliance on internal borrowing to bridge fiscal gaps and finance its expanding budgetary needs. According to official data released by the Ministry […]