Pakistan’s trade deficit widened to $34.76 billion during the first 11 months of fiscal year 2025-26, according to official data. The growing gap reflects rising imports and falling exports, increasing pressure on the country’s external accounts. Businesses, policymakers, and foreign exchange markets are among those most affected by the trend. Data released by the Pakistan […]
fiscal year 2025-26
Pakistan’s economic recovery gains pace, inflation under control
Pakistan’s economy is showing clear signs of recovery, according to the latest Monthly Economic Update and Outlook Report released by the Ministry of Finance. The report says that the first quarter of the fiscal year 2025–26 saw steady growth, supported by strong policy measures, fiscal discipline, and structural reforms. It highlights that economic activities remained […]
Pakistan borrows Rs515 billion in first quarter
The government of Pakistan borrowed Rs515 billion during the first quarter (July–September) of the fiscal year 2025–26, marking a 41% increase from Rs363 billion borrowed in the same period last year, according to a report by the Ministry of Economic Affairs. The breakdown shows Rs198 billion borrowed in July, Rs192 billion in August, and Rs124 […]
World Bank sees 2.6% growth for Pakistan despite floods
The World Bank has forecasted Pakistan’s GDP growth at 2.6% for fiscal year 2025-26. This prediction reflects the damaging effects of recent floods on the country’s agriculture sector. In the previous year, Pakistan’s economy grew by 2.7%, a slight increase from 2.5% in 2023-24. However, the floods are expected to cause a major decline in […]
US leads Pakistani exports as shipments grow
The United States maintained its position as the largest export market for Pakistan during July and August of the fiscal year 2025-26, reflecting a significant boost in bilateral trade. Exports to the US reached $1.112 billion, marking a strong 17.02 percent rise compared to $950.128 million during the same months last year. This consistent upward […]
SBP to announce first monetary policy of FY 2025-26 today
KARACHI, July 30, 2025 — The State Bank of Pakistan (SBP) is scheduled to announce its first monetary policy for the fiscal year 2025-26 later today. The Monetary Policy Committee (MPC), chaired by the SBP Governor, will meet to assess current economic conditions, inflation trends, and financial market developments before making a decision on the […]
Zardari approves budget bill for FY 2025-26
President Asif Ali Zardari has officially approved the Finance Bill for the fiscal year 2025-26. The new financial laws will come into effect from midnight today. This marks the final step in Pakistan’s budget approval process for the upcoming fiscal year. Earlier, on June 26, Prime Minister Shehbaz Sharif chaired a cabinet meeting where the […]
Punjab assembly passes Rs5,300 billion budget for fiscal year 2025–26
LAHORE, June 26, 2025 — The Punjab Assembly on Thursday approved the Punjab Finance Bill 2025–26 by a majority vote, passing the province’s annual budget with a total volume of Rs5,300 billion for the upcoming fiscal year. The approved budget includes Rs4,329 billion in demands for grants, covering a wide range of sectors including health, […]
Pakistan approves Rs17.57 trillion federal budget for 2025–26 with key tax reforms
The National Assembly of Pakistan has officially approved the Rs17,573 billion federal budget for the fiscal year 2025–26, passing the Finance Bill with a majority vote. All cut motions from the opposition were rejected during Thursday’s session. Under the approved budget, the Federal Board of Revenue (FBR) has set a tax collection target of Rs14,131 […]
Pakistan’s national assembly passes budget for 2025–26 with amendments
The National Assembly of Pakistan has passed the federal budget for the upcoming fiscal year 2025–26. The approval came after several days of debate, discussions, and review by lawmakers during a special session held in Islamabad. Members of the assembly approved the Finance Bill 2025 through a clause-by-clause voting process, making it the official budget […]