Islamabad, March 26: Pakistan’s gross domestic product (GDP) recorded a growth of 1.73% in the second quarter (October-December) of fiscal year 2024-25, according to estimates released by the Pakistan Bureau …
GDP
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BusinessTop Trending News
Pak-IMF Staff Level Agreement Announced, Approval Due
by Umar Sohailby Umar SohailISLAMABAD, March 26: The International Monetary Fund (IMF) has successfully reached a staff-level agreement with the Pakistani authorities on the first review of the 37-month Extended Fund Facility (EFF) and …
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BusinessInvestmentTop Trending News
ADB Asks for Digital Financial Services Authorities Develop Frameworks
by Umar Sohailby Umar SohailISLAMABAD, March 25: The Asian Development Bank (ADB) has emphasized the importance of rapid action by the Pakistani government and regulatory authorities to establish comprehensive frameworks for digital financial services, …
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Karachi, March 21: Private sector lending in Pakistan has significantly slowed down, raising concerns about the country’s economic growth and revenue generation, both of which are already underperforming. Despite a …
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Business
IMF Forecasts Pakistan’s Net Debt to Reach 65.6% of GDP by 2025
by Hamza Irshadby Hamza IrshadIslamabad, Oct 24; The IMF has predicted that Pakistan will have the world’s highest level of net debt that will stand at 65.6 percent of the GDP in 2025. Yet, …
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ISLAMABAD: To fulfill an IMF condition for disclosing quarterly Gross Domestic Product (GDP) figures, the government has released the growth rate for the second quarter (Oct-Dec) of the current fiscal …
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ISLAMABAD: The World Bank’s special report, “Climate Silence in Pakistan,” foresees a staggering 18 to 20% downturn in Pakistan’s GDP by 2050 owing to severe climate-related events, environmental degradation, and …
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Two richest Americans wealth is more than entire nominal GDP of Pakistan
by Umar Sohailby Umar SohailISLAMABAD: The wealth of top two richest Americans _ Elon Musk and Jeff Bezos is greater than entire annual nominal GDP of Pakistan in 2022 At present, the value of …
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EconomyLatest Updates
IMF estimates Pakistan’s GDP growth to 4% this year, inflation to stay in double digit
by Umar Sohailby Umar SohailPakistan’s exports for goods and services are projected at $37.8 billion for 2022 and $40.8 billion for 2023 compared to $31.5 billion in 2021. Imports of goods and services are …
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Burden grew by Rs20.7 trillion in recent 3 years & 3 months total 39 months.