Pakistan’s information technology sector achieved a major milestone during the current fiscal year, with exports rising 20% during the first 11 months and reaching a record $4.19 billion. The increase added nearly $710 million compared with the same period last year, highlighting the growing importance of digital services in the country’s export landscape. The strong […]
export growth
Pakistan posts strong current account surplus in May
Pakistan recorded a current account surplus of $459 million in May 2026, marking a significant turnaround from the $276 million deficit reported in April. The improvement strengthened the country’s external sector position and reflected the combined impact of rising remittances, lower import payments and relatively stable economic conditions during the month. A major contributor to […]
Aurangzeb says economy shifting from stability to growth
Finance Minister Muhammad Aurangzeb has said Pakistan’s economy is transitioning from a phase of stabilisation to growth, highlighting a series of fiscal, export and tax measures announced in the federal budget for 2026-27. Speaking at a post-budget press conference in Islamabad, Aurangzeb said the government had utilized available fiscal space to support economic expansion while […]
Aurangzeb outlines growth push in post budget briefing
Finance Minister Muhammad Aurangzeb addressed a post-budget press conference in Islamabad, outlining key priorities of the federal budget 2026-27 and defending the government’s economic direction. He said the economy is moving in the right direction and stressed that Pakistan is now shifting from stability toward sustained growth. During the briefing, he highlighted that the […]
PM Shehbaz pushes tariff reforms, orders AI upgrade
Prime Minister Shehbaz Sharif has reviewed Pakistan’s National Tariff Policy 2025–30 and directed authorities to accelerate economic reforms aimed at strengthening export-led growth. During the meeting, he emphasized that consistent policy support for industry, trade, and investment remains central to the government’s economic strategy. Furthermore, the prime minister instructed officials to modernize the National Tariff […]
FPCCI unveils shadow plan targeting trillion rupee economy shift
The Federation of Pakistan Chambers of Commerce and Industry has released a set of four independent “shadow” policy reports proposing a major overhaul of Pakistan’s economic direction aimed at faster growth and fiscal stability. The documents outline an alternative framework focused on expanding exports, improving tax collection, and reducing fiscal pressure on the state. Business […]
Imports boom exposes Pakistan’s weak export strategy
Pakistan’s import bill surged sharply over the last six months, challenging official claims of export led growth and revealing a growing dependence on foreign goods across multiple sectors. Between July and December 2025, the country imported goods worth thirty four point five billion dollars, while exports remained limited to only fifteen billion dollars during the […]