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Business

Web Desk
Feb 27, 2025

Finance Ministry’s report shows strong economic outlook

The economic outlook report also shows that despite promising status, over 63,000 Pakistanis left the country in January 2025.

Business

Web Desk
Oct 14, 2024

Pakistan’s foreign exchange reserves projected to hit $11 billion by month-end

Finance Minister Muhammad Aurangzeb announced on Sunday that Pakistan’s economy is on a positive trajectory, projecting that foreign exchange reserves will reach $11 billion within two weeks.

Business

Web Desk
Jun 01, 2024

Pakistan targets economic revival with 3.6 per cent GDP growth for FY25

Pakistan has set an ambitious GDP growth target of 3.6 per cent for the Fiscal Year 2024-25, according to data released by the APCC.

Business

Web Desk
May 11, 2024

IMF lowers projection for Pakistan’s external financing needs

IMF has revised down its estimate for Pakistan’s gross external financing requirements to $21.044 billion for the fiscal year 2024-25.

Business Pakistan

Web Desk
Apr 11, 2024

Pakistan’s economic outlook uncertain, risks identified: ADB Report

Inflation is projected to hover around 25 per cent in 2024, driven by higher energy costs, with a potential easing anticipated in 2025 due to improvements in food supplies and moderation of inflation expectations.

Business

Web Desk
Mar 06, 2024

Oil prices climb 2%, marking first increase in five days

Oil prices experienced a 2 per cent climb on Wednesday, propelled by a smaller-than-expected build in US crude inventories.

Business

Web Desk
Feb 17, 2024

Pakistan’s clothing exports surge by over 10%

PBS unveiled data indicating a notable growth in textile and clothing exports for the second consecutive month in January.

Business

Web Desk
Feb 09, 2024

S&P considers upgrading Pakistan’s credit rating

S&P Global Ratings, a renowned credit rating agency, has suggested the potential upgrading of Pakistan’s credit rating following the outcomes of the February 8 general elections, signalling optimism for the nation’s economic future.

Business

Web Desk
Jan 20, 2024

Pakistan’s trade deficit drops 35.7%

Pakistan’s trade deficit for the month of December showed significant improvement, according to revised data released by the PBS.

Business

Web Desk
Jan 09, 2024

Debt dilemma: Pakistan’s high bank borrowings defy revenue success

In a disconcerting development, the government of Pakistan’s borrowings from banks have witnessed a troubling upward trend, raising alarms about the country’s deepening debt situation and casting shadows over its poised positive economic outlook.