Pakistan’s federal government has recorded a significant increase in its total debt during the first two years of the current administration, according to newly released data from the State Bank of Pakistan. Read More: Pakistan achieves record early debt repayment, reduces debt ratio Official documents show that government debt rose by approximately Rs 15,072 billion between March 2024 and […]
economic update
Pakistan weighs weekly petroleum price review amid Middle East tensions
Pakistan is considering shifting to a weekly review mechanism for petroleum product price as authorities assess the potential impact of escalating tensions in the Middle East following recent military strikes involving Israel, the United States, and Iran. Officials say the move is being discussed to manage market uncertainty and discourage fuel hoarding. Read More: Govt monitoring […]
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 […]