In the shadow of the recent India-Pakistan military clashes, defense spending has been increased by 20 percent since last ...

Pakistan recorded a GDP growth rate of 2.7 percent in the outgoing fiscal year, missing its official target of 3.6 percent, ...

ISLAMABAD: The federal government has rescheduled a meeting of the National Economic Council (NEC) as Prime Minister Shehbaz ...

Approves summary by Power Division for approval of a tripartite power purchase agreement of Karachi Nuclear Plant Unit-2 and ...

Adviser to Finance Minister Khurram Shehzad confirmed that that the federal budget for the fiscal year 2025-26 will be presented on June 10, 2025. In a ...

With Pakistan ... its report ‘Budget 2025-26 a rare catalyst for course correction’, released on Saturday. “The budgeted defence expenditure stood at Rs2,122 billion for FY25 while the ...

Reflecting disinflation and steadier domestic and external conditions, the State Bank of Pakistan has been able to cut the policy rate by a total of 450 bps since June also supported by an ...

Fitch Ratings further stated that the “ambitious FY25 budget” strengthened Pakistan’s prospects to strike a bailout agreement with the International Monetary Fund (IMF). It expressed doubts ...

Fitch forecasts Pakistan’s FY25 budget to significantly reduce government debt, which is projected to decline to 68% of GDP by the end of FY24. This reduction is attributed to high inflation and ...

ISLAMABAD: Pakistan will present the financial year 2024/25 annual budget on June 10, two government sources said on Friday, ahead of seeking a new International Monetary Fund (IMF) loan.