Pakistan economy expanded by 3.71 per cent in the first quarter (July–September) of FY26, marking a notable improvement from the 1.56pc growth recorded in the same period last year, according to data released by the National Accounts Committee (NAC). Despite the year-on-year improvement, the pace of growth slowed compared with the previous quarter’s strong 6.17pc […]
agriculture sector
Pakistan may impose temporary ban on meat and poultry exports
ISLAMABAD – The Pakistan government is reportedly considering a temporary ban on meat and poultry exports to stabilize local prices and ensure affordability for consumers, ARY News reported on Thursday, citing sources. Officials from the Ministry of Production said the move is aimed at mitigating the impact of recent floods, which have severely affected the […]
Pakistan Revises FY25 GDP Growth to 3.04%
ISLAMABAD: The government has revised Pakistan’s economic growth rate for the ongoing fiscal year (FY25) to 3.04%, up from the earlier estimate of 2.68%, The News reported. According to updated data, the economy recorded a strong 5.66% growth in the fourth quarter (April–June), which helped lift the overall annual rate. The revised figures were approved […]
Tax relief proposed for fertilizers, pesticides—but farmers still disappointed
In the newly announced federal budget 2025–26, the Pakistani government has proposed to continue sales tax exemptions on fertilizers and pesticides, in an attempt to support the agriculture sector, considered the backbone of the economy. Despite this relief, key stakeholders have voiced dissatisfaction, saying many promises remain unfulfilled. During his budget speech in Parliament, Finance […]
No release of PASCO wheat reserves: govt committed to food security: Rana Tanveer Hussain
Islamabad –May 27, 2025 : Federal Minister for National Food Security & Research, Rana Tanveer Hussain, held an important meeting today with representatives of the Farmers Union to discuss key challenges and opportunities in the agriculture sector, with a special focus on maize exports and wheat reserves. During the meeting, the Minister assured the delegation […]
Govt to provide interest free loans to farmers, particularly small scale growers: Tarin
ISLAMABAD: Minister for Finance, Shaukat Tarin on Saturday said the government was keen to develop the agriculture sector on modern lines to enhance per-acre output of all major and minor crops which would help curtail the increasing trend of food prices in the country. Addressing the post budget press conference here, Tarin said the government […]