Governor of the State Bank of Pakistan, Jameel Ahmad, highlighted Pakistan’s improving macroeconomic outlook during high-level meetings with senior executives from global financial and investment institutions, including JP Morgan, Standard Chartered, Jefferies, Barclays, Citibank, Bank of America Securities, and major credit rating agencies. These engagements took place on the sidelines of the IMF-World Bank Annual […]
economic
SBP governor’s report highlights economic stability, flags global and domestic risks
Pakistan’s macroeconomic conditions strengthened further in FY25, supported by a prudent monetary policy stance and sustained fiscal consolidation that led to a sharp drop in National CPI (NCPI) inflation. Meanwhile, the financial system remained resilient and real GDP growth edged higher, according to the Governor’s Annual Report (GAR) for FY25 of (GAR) of the State […]
Economic growth to remain around 3.25% in FY26: SBP
Pakistan’s central bank has warned that flood-induced losses to the country’s agriculture sector, post-flood infrastructure spending, and geopolitical uncertainty may widen trade and current account deficits, accelerate inflation reading, and restrict economic growth to around 3.25% in the ongoing fiscal year 2025-26. “The flood-induced losses to agriculture and infrastructure [spending] are likely to have upside […]
18-member panel formed for economic talks with Saudi Arabia
Pakistan has constituted an 18-member committee to carry out bilateral economic engagements and negotiations with the Kingdom of Saudi Arabia (KSA), a notification issued on Sunday by the Prime Minister’s Office said. According to the notification, the committee will be co-chaired by Climate Change Minister Musadik Malik and the national coordinator for Special Investment Facilitation […]
Shehbaz orders action: No delays in economic projects
Prime Minister Shehbaz Sharif has ordered federal ministries to speed up economic, trade, and investment projects. He chaired the meeting virtually from London, where key federal ministers also joined online. The PM emphasized that all ongoing projects must be completed without delays. He also gave clear instructions for setting short-term goals. Ministries were told to […]
Pakistan gaining global ground: Defence minister praises army chief’s US visit as diplomatic milestone
ISLAMABAD – Defence Minister Khawaja Asif has hailed Pakistan’s growing influence on military, economic, and diplomatic fronts, calling the recent visit of Pakistan’s Army Chief to the United States a major diplomatic breakthrough. Speaking to reporters at Parliament House, Asif said the historic meeting between Pakistan’s top military official and US President Donald Trump reflected […]
Dar hails China visit as major win for Pakistan’s economy and security
Deputy Prime Minister and Foreign Minister Ishaq Dar has called his recent visit to China a major success, saying Pakistan achieved key diplomatic, economic, and security goals. Speaking at a press conference in Islamabad, Dar stressed that the visit was not a routine engagement but a mission with urgent and clear objectives. During the three-day […]
Escalating tensions with India to impact Pakistan’s economic growth: Moody’s
Global rating agency Moody’s on Monday said that escalating tensions between India and Pakistan would weigh on Pakistan’s economic growth. An attack on April 22 in occupied Kashmir’s Pahalgam killed 26 people, mostly tourists, in one of the deadliest assaults since 2000. India has implied cross-border links without evidence, while Pakistan has rejected the claim […]
National Security Committee reviews economic, security situation
ISLAMABAD: The National Security Committee (NSC) met here Friday under the chairmanship of Prime Minister Shehbaz Sharif and reviewed the country’s economic and security situation. The federal ministers, service chiefs and heads of intelligence agencies attended the meeting. Finance Minister Ishaq Dar briefed the participants about the economic situation and challenges of the country and […]
Turkmenistan says China gas pipeline debt paid off
Turkmenistan’s autocrat leader said that his country’s debts to China for a multi-billion-dollar gas pipeline and another gas project had been paid off “in full”, state media reported Saturday. China has invested billions in the development of Turkmenistan’s gas industry, establishing itself as the isolated country’s number one destination for exports. Beijing’s most important projects […]