Asian Development Bank raised Pakistan’s economic growth forecast to 3.5pc for FY2026, citing recovery in manufacturing and investment. The upgrade matters as stabilisation supports jobs, incomes, and investor confidence nationwide. However, risks remain high due to global uncertainty and Middle East tensions affecting prices and trade. The Manila-based lender said growth could reach 4.5pc in […]
Pakistan economic growth
ADB pledges $10bn to Pakistan economy
The Asian Development Bank (ADB) will provide $10 billion in financing to Pakistan over the next five years under its 2026-2030 Country Partnership Strategy (CPS). The funding aims to support sustainable, inclusive, and private sector-led economic growth across the country. This development affects Pakistan’s public and private sectors, its young workforce, and vulnerable populations. The […]
PM Shehbaz invites Qatari investors to explore Pakistan opportunities
DOHA – Prime Minister Shehbaz Sharif met a delegation of the Qatar Businessmen Association in Doha, reaffirming Pakistan’s commitment to strengthening economic and trade ties with Qatar. He highlighted the strategic role of the private sector in deepening bilateral cooperation and encouraged Qatari investors to explore opportunities across multiple industries. During the meeting, the prime […]
SBP sees 4.75% growth despite IMF downgrade
State Bank of Pakistan (SBP) Governor Jameel Ahmad expects Pakistan’s economy to grow up to 4.75% in fiscal year 2026, surpassing the IMF’s recent forecast. Ahmad argued that the recovery is broader and more durable than headline export data suggest. His outlook contrasts with the IMF’s downgrade, which incorporated flood-related assessments. The SBP raised its […]
PM Shehbaz: Civil-military unity will strengthen Pakistan
Prime Minister Shehbaz Sharif said that if the government and military continue their partnership, Pakistan will emerge as a strong nation on the world map. He praised Field Marshal Syed Asim Munir for his support in resolving key national issues during a business event in Islamabad. Addressing exporters and business leaders, the prime minister called […]
Pakistan strengthens trade ties with EU
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday reaffirmed Pakistan’s commitment to working closely with the European Union. He highlighted the importance of the GSP+ trade status in boosting exports. The prime minister emphasized mutually beneficial initiatives to enhance trade and investment with the EU. During the meeting, PM Shehbaz welcomed EU Ambassador Raimundas Karoblis and […]
World Bank warns Pakistan: Act for faster growth
The World Bank has recommended key reforms to boost Pakistan’s economic growth and ensure long-term stability. Its report highlights tax collection, irrigation, and energy subsidies. Officials say linking fuel subsidies to social protection programs could help vulnerable populations while reducing fiscal losses. The report stresses that Pakistan must strengthen its tax system to increase government […]
PM Shehbaz vows to eradicate terrorism, praises KP sacrifices
Prime Minister Muhammad Shehbaz Sharif reaffirmed his government’s commitment to eliminating terrorism from Pakistan, highlighting the armed forces’ role in safeguarding the nation. Speaking at a national workshop in Islamabad, he stressed that national security remains a top priority and that Pakistan is prepared to face internal and external threats with unity and resilience. The […]