ISLAMABAD: Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, has said Pakistan’s economy is on the path to recovery, while emphasizing the need to prioritize and complete ongoing development projects to support sustainable growth. Read More: Ahsan Iqbal says Pakistan saved region, slams India Speaking at the Annual Plan Coordination Committee meeting for the 2026-27 […]
Economic recovery
IMF says Pakistan’s economic recovery holds despite regional risks
The International Monetary Fund (IMF) has said Pakistan’s economic recovery remains on track due to steady policy implementation, while warning that the ongoing conflict in the Middle East could create fresh risks for growth, inflation and external stability. Read More: IMF pressures Pakistan to tighten money laundering controls In its latest assessment released after completing the third review […]
Pakistan’s Economic Recovery: A Cautious but Real Turnaround
Pakistan’s economy is showing signs of recovery. This development is neither dramatic nor it is a miracle but it is visible on ground. Major global financial institutions have acknowledged this change. Today, the situation is more stable. International credit rating agencies have also taken notice of it. Two major global agencies; Fitch Ratings and Moody’s […]
Zardari reaffirms commitment to economic recovery, unity
President Asif Ali Zardari reiterated his resolve to steer the country toward economic recovery, strengthen national unity, and uphold the ideological legacy of the Pakistan Peoples Party (PPP). Speaking to the local leadership and former ticket holders of the party from South Punjab, he said that being there felt like being in his home province […]
Economic growth drops to 3% in Pakistan
Islamabad: The World Bank has lowered Pakistan’s economic growth forecast for the current fiscal year. It now expects growth at 3%. Previously, the government aimed for 4.2%. This revision reflects challenges in agriculture, trade, and recovery from recent floods. The report predicts that Pakistan’s growth could rise to 3.4% in the 2026-27 fiscal year. Recovery […]
PM Shehbaz calls for unity, honors Army’s heroism
Prime Minister Shehbaz Sharif has urged Pakistan to embrace unity and end sectarianism. Speaking at the National Ulema Convention, he said mocking the armed forces harms the nation’s honor. Sharif emphasized that progress comes through hard work, determination, and collective effort, not superstition or magic. He praised the courage and leadership of Pakistan’s armed forces. […]
Pakistan’s steel scrap imports hit four-year high
Pakistan’s iron and steel scrap imports surged to 381,991 tonnes in October 2025, marking the highest level since November 2021. The increase reflects renewed momentum in the country’s construction and steel industries, signalling stronger economic activity. Analysts say rising imports align with both public-sector spending and growing private-sector construction. Data from Topline Securities shows October […]
Sri Lanka counts on IMF aid amid car import surge
Sri Lanka is expecting a $350 million loan installment from the IMF to support its foreign reserves, following a sharp rise in vehicle imports since a five-year ban was lifted in February. The central bank is relying on this funding to stabilize the economy. Governor Nandalal Weerasinghe said the country hopes to receive the sixth […]
UN warns: Gaza conflict triggers worst economic collapse since 1960
The two-year Gaza war has severely damaged the Palestinian economy, causing one of the worst declines since 1960. Israeli attacks destroyed infrastructure, industries, and public services across Gaza. Per capita economic output has fallen to levels last recorded in 2003. According to the UN Conference on Trade and Development (UNCTAD), the crisis ranks among the […]
Population growth threatens Pakistan’s economy: Aurangzeb
Federal Minister for Finance Muhammad Aurangzeb warned that rapid population growth is a major obstacle to Pakistan’s economic recovery. He said the economy is improving under the IMF programme but faces long-term structural challenges. Climate change and high population growth, he added, threaten sustainable development. Addressing a ceremony in Islamabad, Aurangzeb highlighted Pakistan’s population growth […]