ISLAMABAD – Pakistan’s trade deficit widened by more than 38 percent during the first four months of the 2025-26 fiscal year, highlighting growing economic pressures as exports continue to decline. According to data released by the Pakistan Bureau of Statistics (PBS), the trade deficit between July and October 2025 stood at $12.58 billion, compared to […]
fiscal year 2025
Pakistan’s public debt rises by Rs9.3 trillion in FY2025
Pakistan’s total public debt rose sharply in the fiscal year 2025. The Finance Ministry reported an increase of Rs9.3 trillion. Debt as a percentage of GDP climbed to 74.5 percent, up from 70.9 percent the previous year. The rise reflects higher domestic borrowing and currency depreciation. The ministry said the main reasons include a weaker […]
FBR faces Rs270 billion shortfall in tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) has reported a tax collection shortfall of Rs270 billion during the first four months of the ongoing fiscal year, from July to October 2025, highlighting continued fiscal challenges for the government. According to official data, the FBR collected Rs3.84 trillion in taxes during this period, against the target […]
Industrial growth sparks 58% rise in electricity use
Electricity consumption soared by 35% to 58% in the last quarter of fiscal year 2025. This sharp rise ended a two-year decline. The major reason was a strong increase in industrial demand. The Power Division credited the growth to the return of captive power users to the national grid, improved economic indicators, and recent power […]
Industrial output dips 1.21%, yet automobiles and textiles fuel hope
In the first 11 months of fiscal year 2025, Pakistan’s large-scale industries experienced a 1.21% decline in overall production, revealed the latest data from the Pakistan Bureau of Statistics (PBS). Despite this drop, the production in May 2025 showed a positive trend, increasing by 7.39% compared to April 2025. On a year-on-year basis, May 2025 […]
Pakistan’s cotton imports surpass local output amid policy concerns
ISLAMABAD – Pakistan’s cotton and yarn imports have soared to $4.24 billion in fiscal year 2025, crossing the country’s domestic production for the first time, according to official data. Industry experts have blamed tax policies and poor weather for this surge. The Pakistan Bureau of Statistics reported a 61% increase in textile-related imports, while textile […]
IMF slashes Pakistan’s FY25 growth forecast to 2.6% amid global risks
The International Monetary Fund (IMF) has lowered Pakistan’s GDP growth forecast for the fiscal year 2025 to 2.6%, cutting its earlier estimate of 3%. This revision comes amid growing global trade tensions and shifting international policy priorities, as highlighted in the IMF’s latest World Economic Outlook titled “A Critical Juncture Amid Policy Shifts.” The Fund […]