Pakistan and the United Arab Emirates have agreed to expand cooperation in the date sector. The partnership will focus on joint investment, technology transfer, and modern processing facilities. Officials said the move aims to increase value-added exports, improve farmer incomes, and strengthen Pakistan’s agricultural trade. The agreement followed a virtual meeting between Federal Minister Rana […]
Exports
LCCI president discusses economic challenges with Jam Kamal and Haroon Akhtar
LAHORE, October 23 – Lahore Chamber of Commerce and Industry (LCCI) President Faheem Ur Rehman Saigol met Federal Minister for Commerce Jam Kamal Khan and Prime Minister’s Special Assistant on Industries and Production Haroon Akhtar Khan to discuss key economic issues faced by the business community. Read More: “Pakistan’s Economic Success: Inflation Drops, Growth Projections […]
PM announces discounted power package for industries and farmers
ISLAMABAD – Prime Minister Shehbaz Sharif on Thursday announced a discounted electricity package for the industrial and agricultural sectors, aimed at boosting productivity, exports, and employment. The prime minister unveiled the initiative during a meeting with experts and business community representatives from both sectors. Under the package, additional electricity will be provided to industries and […]
How Pakistan trapped itself in an economic deadlock
In every successful economy, one constant stands out: policy stability. Countries that progress economically — from Singapore to Germany — do so because their business environment is predictable, transparent, and efficient. Investors know that their capital is safe from political upheaval and arbitrary rule changes. In contrast, Pakistan’s economy has become a hostage to instability […]
Pakistan’s Exports Decline, Trade Deficit Hits $9.4 Billion in Q1 FY2025–26
ISLAMABAD –Official data shows that Pakistan’s exports from 30 out of 71 key sectors fell during the first quarter of fiscal year 2025–26, contributing to slower export growth and an increasing trade deficit. According to the Pakistan Bureau of Statistics (PBS), the trade deficit surged to $9.4 billion between July and September. Exports declined by […]
China’s Trade Surges Despite Looming Tariff Escalation with U.S.
BEIJING – China’s overseas trade grew faster than expected in September, offering a rare boost for its struggling economy just as fears rise over a fresh escalation in the U.S.-China trade war, official data showed Monday. According to the General Administration of Customs, exports jumped 8.3% year-on-year, well above a Bloomberg forecast of 6.6%, while […]
Goods worth $7.60bn exported in first quarter
The country’s merchandize exports reached to $7.603 billion during the first quarter (July-September) of the current fiscal year, Pakistan Bureau of Statistics (PBS) reported Thursday. According to PBS figures, the exports show decline of 2.53 percent during the period when compared to the exports of $7.906 billion during July-September of last fiscal year (FY2024-25). On […]
Pakistan-Afghan trade booms with 39% surge in exports
Pakistan’s exports to Afghanistan saw a major boost in fiscal year 2024-25, growing by 38.68%. According to the State Bank of Pakistan, exports reached $773.89 million, compared to $558.03 million in the previous year. This rise highlights growing trade ties between the two countries. Pakistan continues to expand its regional trade amid efforts to stabilize […]
Finance ministry releases economic outlook: Tax revenue and exports see strong growth
ISLAMABAD: The Finance Ministry of Pakistan has released its latest Economic Outlook Report, showing notable improvements in tax collection, exports, and inflation control. According to the report, the government collected 36.7% more tax revenue compared to the previous year, indicating a stronger grip on fiscal management. The report highlights a significant drop in inflation, which […]
Services exports increase by 9.69% during Jul-Mar
The exports of services during the first nine months of the current fiscal year increased by 9.69 percent as compared to the exports of the corresponding period of the last year. During July-March 2024-25, exports of services were recorded at $6.235 billion as against the exports of $5.684 billion during the same period of last […]