GDP growth revised down for first half, Provisional growth for FY25 pegged at 2.68%
National Accounts Committee approves 2.40% growth for the third quartet; full-year projection falls short of 3.6% target
KSE-100 inches up in volatile session as investors react to mixed market signals
Index gains marginally by 40 points; broader volumes and values decline
IMF revises Pakistan’s GDP growth forecast for FY25 to 2.6%, cites weak H1 performance
Fund also adjusts inflation, current account deficit, and trade projections for the outgoing fiscal year
IMF presses Pakistan for higher taxes, NFC rebalancing amid record salaried class burden
IMF narrows focus to tax hikes, NFC overhaul amid budget talks with Pakistan
Pakistan’s Foreign Direct Investment drops 91% YoY to $25.75 million in April
April FDI plunges to 9-month low amid high outflows and weak investor sentiment
Textile exports rise 11% YoY in April, cross $14.4 billion in ten months
Knitwear weakens but bedwear and garments drive growth; textile exports cross $14.4bn in 10 months
SBP injects Rs869 billion into banking system via conventional and shariah-based OMOs
Central bank supports market liquidity through reverse repo and modarabah operations
Pakistan’s current account posts surplus of $12 million in April
Current account shrinks by 96% YoY compared to $315 million in April 2024 mainly due to a rise in the import bill
SBP reserves rise by $70 million in last week; IMF tranche to boost next week’s holdings
SBP reserves reach $10.4 billion; Pakistan’s total foreign reserves increase by $131 million ahead of IMF inflow
Govt to recover additional Rs75bn annually from fuel consumers
Petrol and diesel to become at least Rs4 costlier; refineries, OMCs, and dealers to benefit
Barron’s calls it a ‘macroeconomic miracle’ as Pakistan attracts global investor interest
US publication highlights Pakistan’s rapid recovery, Eurobond valuations double, and the PSX rallies, despite persistent structural challenges
India’s retail inflation hits near six-year low at 3.16% in April
Easing food prices open door for RBI rate cuts as inflation stays below target for third straight month
Export-led growth inevitable for Pakistan’s economic stability: Aurangzeb
Increased productivity and outward-looking policies are essential if Pakistan wants to break free from the recurring boom-and-bust cycles; FinMin
Pakistan’s external burden eases slightly as domestic obligations climb sharply
Q3 FY25 data reveals moderation in foreign borrowing but continued reliance on domestic debt to plug fiscal gaps
April remittances hit $3.2bn, up 31% YoY despite monthly dip
Cumulative inflows for FY25 rise to $31.2bn; full-year remittances expected to exceed $38bn, says SBP