The devastating floods that struck Pakistan in 2025 inflicted economic losses estimated at Rs822 billion and claimed the lives of more than 1,000 people, according to the Economic Survey 2025-26. The survey described the floods as one of the most significant natural disasters of the year, forcing the government to revise its economic growth projections. […]
GDP growth
Pakistan forecasts 8.6% inflation for next fiscal year
Pakistan’s Ministry of Finance has projected an average inflation rate of 8.6 per cent for the upcoming fiscal year 2026–27, as discussions with the International Monetary Fund (IMF) continue over the country’s macroeconomic framework. Read More: Short-term inflation up by 0.47% According to official details, Pakistan and the visiting IMF mission have reached broad agreement on the […]
Pakistan’s economy improving, GDP seen near 4pc: finance minister
Pakistan’s Finance Minister Muhammad Aurangzeb has said the country’s economy is showing signs of recovery, expressing optimism that gross domestic product (GDP) growth could reach around 4 per cent in the current fiscal year. Read More: IMF lowers Pakistan GDP growth forecast to 3.2% Speaking at the EU-Pakistan Business Forum in Islamabad, the minister highlighted improving macroeconomic […]
Moody’s revises Pakistan banking sector outlook from positive to stable
ISLAMABAD – International credit rating agency Moody’s has revised the outlook for Pakistan banking sector from positive to stable, citing both gradual improvements in the economy and persistent structural risks. In its latest assessment, Moody’s noted that Pakistan’s banking sector has remained resilient despite a challenging operating environment. The agency highlighted strong profitability, largely driven […]
Pakistan faces employment challenges despite moderate GDP growth
ISLAMABAD: Pakistan’s economy is projected to grow between 3 and 3.6 percent in the current fiscal year, according to international institutions, though recent monsoon floods have dampened growth prospects, particularly in agriculture. Despite exceeding the country’s population growth of roughly 2.6 percent, this moderate expansion may not translate into meaningful job creation or poverty reduction. […]
Pakistan economy grows 3.71pc in Q1 FY26
Pakistan economy expanded by 3.71 per cent in the first quarter (July–September) of FY26, marking a notable improvement from the 1.56pc growth recorded in the same period last year, according to data released by the National Accounts Committee (NAC). Despite the year-on-year improvement, the pace of growth slowed compared with the previous quarter’s strong 6.17pc […]
US economic growth hits two-year high
NEW YORK: The United States (US) economy expanded at an annualised rate of 4.3 per cent in the third quarter, marking its fastest growth in two years and significantly exceeding market expectations, according to data released by the Commerce Department on Tuesday. Read More: Trump claims historic Gaza peace, hails US economic boom The stronger-than-expected performance […]
Rs1.2tr credit boom masks weak investment and slow GDP growth
KARACHI: Credit to Pakistan’s private sector surged to a three-year high during the first five months of the current fiscal year, crossing Rs1.2 trillion, according to State Bank data released on Monday. While the increase signals higher economic activity, bankers warn that most of the funds are being used for short-term working capital rather than […]
Aurangzeb signals shift toward stable, sustainable economic growth
ISLAMABAD: Finance Minister Muhammad Aurangzeb has outlined a major shift in Pakistan’s economic strategy, moving away from the historically volatile pursuit of rapid five to six per cent GDP growth. Speaking at a two-day economic dialogue hosted by the Pakistan Business Council (PBC), he stressed that the country can no longer afford short-lived growth spurts […]
Pakistan expected to receive $1.2 billion IMF tranche next month
ISLAMABAD – Pakistan is likely to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) next month, as the Fund’s Executive Board meets on December 8 to approve the next tranche under two ongoing programs. The payment is expected to be credited to Pakistan’s account by December 9. The IMF board meeting will […]