SBP projects 2.5% – 3.5% GDP growth for FY25Â
Macroeconomic conditions improved, inflation to fall below the earlier forecasted range of 11.5% – 13.5% in FY25, SBP says in its annual report on the state of the economy
IMF sets out conditions to mitigate risks tied to $7 billion loan programme
IMF’s staff-level country report outlines key reforms targeting fiscal policies, energy sector overhaul, and governance, introducing structural benchmarks for Pakistan
Pakistan’s GDP grows 2.5% in FY24, but misses target due to industrial slump
National Accounts Committee revises quarterly growth rates, citing agriculture gains and industrial decline
ADB forecasts 2.8% growth for Pakistan’s economy in FY2025
Economic reforms supported by IMF’s Extended Fund Facility are projected to accelerate growth and ease inflation in Pakistan
Pakistan records $75 million current account surplus in AugustÂ
Improved remittance inflow and stable exports contribute to a significant reduction in the current account deficit from last year
Foreign investors pull $78mn from T-Bill amid falling returns
Declining treasury bill returns and IMF loan challenges raise concerns among investors
Pakistan’s long-term growth capped by weak democracy, geopolitics: report
Bloomberg Economics estimates an average annual investment growth of just 0.5% in the next three years; growth set to peak at 4% in fiscal 2040
Moody’s upgrades Pakistan’s debt ratings, outlook now positive
Credit rating warns that weak debt affordability will continue to pose high debt sustainability risks, with interest payments to consume half of revenueÂ
Govt fails to secure $9bn debt rollovers, receives only $426mn in July
IMF loan package faces delays as Pakistan struggles with foreign debt rollovers
RDA attracts net inflows of $8.416 billion since its inception
Net repatriable liability stands at $1.458 billion as of July
Govt seeks Rs32 trillion in loans for FY2024-25
Success of this borrowing plan is contingent upon the timely approval of the IMF loan and rollover by China
Govt borrowing from banks drops 78% in first month of FY2024-25
Some relief on the domestic debt servicing burden as bank borrowing recorded Rs 145 billion
Pakistan faces $24.8 billion in external debt repayments for FY25
External obligations include $21.2 billion in principal repayments and $3.6 billion in interest.
Govt contains fiscal deficit at 6.8% of GDP in FY2023-24
Windfalls from petroleum levy and central bank profits, combined with reduced development expenditure, helped manage the fiscal deficit.
S&P maintains Pakistan’s rating with stable outlook amid dependence on foreign aid
Concerns over high inflation, political instability, and debt obligations highlighted