The federal government has significantly increased defence spending in the 2025–26 budget to Rs2,550 billion, citing national security concerns and recent military engagements with India. The budget also introduces a …
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GDP growth
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Pakistan’s Finance Minister Muhammad Aurangzeb presented the federal budget 2025-26 with a Rs17.573 trillion outlay, targeting 4.2% GDP growth, 7.5% inflation, major tax reforms, enhanced social spending, and defence allocations, …
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Pakistan’s Economy Grows by 2.7% Amid Inflation Drop and Fiscal Reforms
by Web Deskby Web DeskPakistan’s GDP grew by 2.7% in FY2024–25 while inflation hit a decades-low average of 4.6%, according to the Pakistan Economic Survey unveiled by Finance Minister Muhammad Aurangzeb. The survey outlines …
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Pakistan’s Economy Stabilising, But Growth Remains Fragile: World Bank, IMF
by Web Deskby Web DeskThe World Bank and IMF have offered cautious optimism about Pakistan’s economic recovery, with growth projections for FY2025 hovering around 2.6–2.7%. Stabilisation efforts are showing results, but structural reforms and …
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The highly anticipated announcement of the monetary policy by the State Bank of Pakistan (SBP) is eagerly awaited and is scheduled to take place on Monday, March 18, 2024. According …
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PDM Rule ISLAMABAD: In a pivotal revelation by the National Accounts Committee (NAC), Pakistan’s Gross Domestic Product (GDP) has undergone a significant adjustment, contracting by 0.17% rather than the initially …
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Economy
National Accounts Committee approves new Quarterly National Accounts in the Statistical System
ISLAMABAD: The 107th National Accounts Committee (NAC) convened at the Ministry of Planning, Development, and Special Initiatives in Islamabad to scrutinize the Gross Domestic Product (GDP) figures. They examined the …
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Trillion dollars Saudi Arabia has achieved a significant milestone, entering the trillion-dollar club in 2023. The Gross Domestic Product (GDP) of Saudi Arabia exceeded the $1 trillion (SAR 4.155 trillion) …
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KARACHI: The State Bank of Pakistan’s recently published Annual Report, highlighted that countries prioritizing growth at the expense of price and financial stability do not achieve sustained economic growth. Rather …
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Economy
Floods 2022: World bank cuts Pakistan’s GDP growth forecast to 2pc in FY-23
by Hamza Irshadby Hamza IrshadFor the fiscal year 2022–2023, the World Bank forecasted a growth rate of 2% for Pakistan, which is a 2% decrease from its earlier estimates from April and June 2022. …
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