Pakistan’s inflation slows to 17.3% YoY in April
Declines signals potential downward trend, alongside a 15.6% YoY increase in core inflation, as per PBS data
Govt grapples with massive losses due to Iranian oil smuggling
Joint intelligence report to the Petroleum Division estimates annual revenue loss exceeding Rs227bn
Pakistan prepares for IMF’s next bailout programme
Fund's team to spend two weeks in Pakistan, focusing on macroeconomic and fiscal framework for the next 3-4 years
Pakistan faces fiscal pressures after concluding $3bn IMF programme
A key issue is the country’s historic high interest rate of 22%, which has consumed around 60% of the budget.
Govt to address Chinese IPPs’ dues ahead of CPEC committee meeting, PM’s Beijing trip
With the government facing nearly Rs550 billion ($1.98 billion) in outstanding payments to Chinese Independent Power Producers (IPPs), there are plans to...
Foreign Direct Investment in Pakistan surges 52% to $258mn in March
FDI inflows in 9MFY24 decreased by 9.7%, with a notable decline from China and the UAE
March sees highest monthly current account surplus of $619mn in nine years
Current account balance improves significantly, recording a deficit of $0.5 billion in 9MFY24
IMF maintains Pakistan’s economic growth forecast at 2% for FY24
Inflation in Pakistan will reduce to 24.8% in FY24, and slow further to 12.7% in FY25, report
Pakistan begins negotiations for multi-billion dollar IMF loan: Aurangzeb
The country seeks at least a three-year loan program, says finance minister
Federal govt borrows Rs4.8trn from banks in 9MFY24
Govt plans to borrow Rs 5 trillion in the final quarter (April-June) of FY24
UN report projects Pakistan’s GDP at 2% for FY24
GDP growth is expected to slightly rise to 2.3% in FY25, while inflation is predicted to drop to 12.2%, report
IMF to finalise $1.1bn tranche for Pakistan by end of this month: official
Lender ready for discussions on new loan program for Pakistan, says IMF’s communication director"
SBP raises Rs557.6bn from Market Treasury Bills auction
5-year Floating Rate Bonds raise only Rs5.4 billion, falling short of Rs200 billion target
PM orders formulation of mechanism to double exports in five years
Directs to facilitate ecommerce sector, resolution of issues faced by “Made in Pakistan" brand exporters
The World Bank recommends a “bold economic reform plan” for recovery. What is new?
Economy expected to grow by only 1.8% in the current Fiscal year; WB