Pakistan’s economy grew by 3.99% year-on-year in the third quarter of fiscal year 2025-26, with industry emerging as the key driver, according to data released by the National Accounts Committee (NAC) on Wednesday. The latest figures, compiled by the Pakistan Bureau of Statistics, overall GDP for Q1 and Q2 for FY 2025-26 have witnessed revised […]
GDP
SBP projects GDP growth at 3.75%-4.75%, warns of Middle East war risks
Surging oil prices worldwide and their impact on other commodities are expected to keep inflation above the medium-term target of five to seven percent for most of the fiscal year 2027, Pakistan’s central bank said in a report on Tuesday. The State Bank of Pakistan (SBP) made these disclosures in its Half Year Report 2025-2026. […]
S. M. Tanveer concerned over reliance on remittances and not exports for economic growth
LAHORE: Mr. S. M. Tanveer, Leader of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed concerns over reliance on remittances and debt-driven consumption, and not exports, for economic growth and development. He highlighted the challenges facing Pakistan’s exports, citing an estimated $60 billion gap in potential exports. In a statement, Mr. […]
FinMin warns population growth could slow Pakistan’s economic gains
ISLAMABAD – Pakistan’s Finance Minister Senator Muhammad Aurangzeb on Monday warned that unmanaged population growth could undermine the country’s economic progress, urging stakeholders to implement actionable measures. Read More: Pakistan population summit highlights urgent growth challenges Speaking at the Pakistan Population Summit-2025, he said real GDP growth alone would not unlock Pakistan’s potential unless population […]
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 […]
Pakistan facing foreign policy firestorm, economic emergency, says Sherry Rehman
ISLAMABAD: PPP Parliamentary Leader in the Senate Senator Sherry Rehman said in her budget speech in the Senate on Wednesday that countries have a responsibility to history, and governments to their people when they face a crisis. “There is no doubt that Pakistan is facing a foreign policy inflection point and is at the threshold […]
Govt announces special tax relief measures, introduces steps to enhance tax to GDP ratio
ISLAMABAD: Minister for Finance Shaukat Tarin on Friday said that the government had taken several measures in order to provide tax relief to already tax payers, besides introducing steps to enhance tax to GDP ratio, which was at the lowest level as compared the regional countries. Presenting the federal budget 2021-22 in the National Assembly, […]
Despite challenges, economy showing inclusive growth, expands by 3.94% in FY21: Economic Survey 2021
ISLAMABAD: Despite a myriad of challenges, the economy has been moving progressively on a higher inclusive and sustainable growth path on the back of multiple measures and achievements during the current fiscal year, witnessing a rate of 3.94 percent, according to the Pakistan Economic Survey 2020-21 revealed by Finance Minister, Shaukat Tarin. “The economy of […]
SBP governor sees national economy growing at around 4 %
Governor State Bank of Pakistan Reza Baqir, talking to Bloomberg, said that the Monetary Policy Committee met on Friday. In the meeting they decided to keep the monetary stance significantly accommodative and to do so the policy rate was set at 7% while the real interest rate ranged from zero to minus 4. Moreover, the […]
Healthy economy left by PML-N is in sickroom – Miftah compares the two periods
Former PML-N finance minister Miftah Ismael has drawn a comparison with the current economic indicators maintained by the PTI and those that were left by the PML-N government back in 2018, and details how the incumbent government has failed to maintain or go beyond the indicators left by the PML-N government. GDP About the GDP […]