Going forward, Pakistan’s Economic Outlook report projects inflation to stay between 1.5-2.0% in May, going up to 3-4% in June.
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Firm Signs of Macroeconomic Stability, Falling Inflation, Strong External Account
by Umar Sohailby Umar SohailIslamabad: Pakistan’s macroeconomic indicators have demonstrated signs of overall stabilization, supported by improvements in fiscal performance, a strengthened external account, and decreasing inflation. Effective revenue mobilization and controlled current spending have …
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Lahore, April 17: In a political move that’s catching everyone off guard, the federal government is reportedly gearing up to unveil the 2024–25 budget earlier than expected and yes, possibly …
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Finance Minister Unveils Social Impact Financing Framework for Development Goals
by Umar Sohailby Umar SohailISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, introduced the draft Social Impact Financing (SIF) Framework, a strategic initiative designed to channel innovative financial instruments toward Pakistan’s national …
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Finance Ministry to Hire Professionals for Tax Policy Office
by Umar Sohailby Umar SohailISLAMABAD, March 25: Ministry of Finance is recruiting six professionals to help operationalize the newly established Tax Policy Office (TPO), which will directly report to the finance minister. This move …
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Business
Finance Ministry: Uptake in Output, Inflation 2-3% in March-April
by Umar Sohailby Umar SohailISLAMABAD, March 25: However, high frequency indicators—such as positive growth in cement sales, increased automobile production, and higher imports—along with an easy monetary policy, suggest a potential uptick in production if …
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State-of-the-art 1,000-bed New Hospital for Islamabad
by Umar Sohailby Umar SohailISLAMBAD, March 21: ECC approved Rs 5.6 bln for ads payments due towards Ministry of Information and also nodded approval for a brand new 1000 bed hospital in Islamabad. The …
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ISLAMABAD, March 17: National Highway Authority (NHA) is grappling with severe financial challenges, as its net deficit for the fiscal year 2024-25 has surged past Rs318 billion. This has pushed …
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Business
Pakistan Avoids Mini-Budget as IMF Talks End on Positive Note
by Hamza Irshadby Hamza IrshadIslamabad, Mar 14 2025: Pakistan has successfully reached an understanding with the International Monetary Fund (IMF), Pakistan Avoids mini-budget before the current fiscal year concludes in June. This development comes …
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India Joins Global Trend, Bans Use of AI Tools for Government Employees Over Data Risks
by Web Deskby Web DeskIndia’s finance ministry has issued an advisory restricting the use of AI tools like ChatGPT and DeepSeek on government devices due to data security concerns. This follows similar actions by …