PM Shehbaz Sharif Calls for Rapid Economic Reforms
Prime Minister Shehbaz Sharif has directed his cabinet to accelerate economic reforms, focusing on inflation control, investment, and trade to stabilize Pakistan's economy amid challenges.
Category : Economic Policy
PIBF Backs Austerity, Urges Oil Price Relief for Economy
The Pak International Business Forum supports government austerity measures but calls for immediate transfer of falling global crude oil price benefits to consumers and industries to ease inflation.
Fuel Price Hike Sparks Inflation Fears During Ramadan
A sudden 20% fuel price increase in Pakistan raises concerns about inflation, industrial erosion, and economic hardship during Ramadan, highlighting policy failures.
IMF Demands Reversal of Secrecy in MPs' Asset Law
The International Monetary Fund has formally requested Pakistan to repeal a controversial secrecy clause that shields lawmakers' asset declarations from public scrutiny, citing transparency concerns.
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Fuel Price Hike Major Blow to Economy, SCCI Warns
A significant fuel price increase has been announced, dealing a severe blow to Pakistan's economy. The SCCI warns of rising inflation, higher transportation costs, and reduced industrial competitiveness.
Pakistan Announces Major Economic Reforms and Investment Plans
The Pakistani government has unveiled a comprehensive economic revival plan, focusing on structural reforms, foreign investment, and industrial growth to stabilize the economy and boost GDP.
Pakistan Vows to Promote Critical Minerals at UN for Sustainability
Pakistan has committed to fostering the development of critical minerals essential for sustainable development at a United Nations forum, highlighting its strategic role in global green initiatives.
SBP Governor: No UAE Loan Repayment Demand
State Bank of Pakistan Governor Jameel Ahmad informed a National Assembly panel that there is no demand from the UAE for repayment of a $2 billion loan, addressing concerns amid economic discussions.
Govt to Borrow Rs6.5 Trillion in New Fiscal Year
The federal government is set to borrow a massive Rs6.5 trillion in the upcoming fiscal year to meet its financing needs, according to official documents.
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Pakistan's Economy Shows Resilience with Growth in Key Sectors
Pakistan's economy has demonstrated remarkable resilience, climbing back from the edge with significant growth in agriculture, manufacturing, and exports, driven by strategic government policies and improved investor confidence.
Govt Hikes Petrol Price Rs8, High-Speed Diesel Rs5
The federal government has significantly increased fuel prices, raising petrol by Rs8 per liter and high-speed diesel by Rs5 per liter, effective immediately. This move is expected to impact inflation and transportation costs nationwide.
FBR Chairman Assures ICCI on Tax Facilitation
FBR Chairman Amjad Zubair Tiwana met with an ICCI delegation, promising maximum facilitation in taxation matters to boost business confidence and economic growth in Pakistan.
Pakistan's Economic Window of Opportunity Amid Global Shifts
Pakistan faces a critical economic window of opportunity as global dynamics shift, requiring strategic reforms and investment to capitalize on emerging trends and avoid stagnation.
Ministers and Sialkot Chamber Discuss Industry-Friendly Budget
Federal Minister Khawaja Asif and SAPM Haroon Akhtar Khan met with the Sialkot Chamber to discuss economic growth, export promotion, and an upcoming industry-friendly budget with tax incentives.
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Pakistan, World Bank Discuss Cooperation and Reform Priorities
Pakistan and the World Bank exchanged views on strengthening institutional coordination, transparency, and monitoring to achieve development outcomes, focusing on agriculture, energy, and climate resilience.
Pakistan Awaits IMF Review for $1.2 Billion Funding
Pakistan is set for a critical IMF review this week, aiming to unlock $1.2 billion in funding. Finance Minister Aurangzeb confirms readiness as talks cover economic benchmarks and structural reforms.
Prioritize Public Funds: Curb Spending, Focus on Health
Overseas remittances bolster Pakistan's economy, yet tax collection remains ineffective. Government must prioritize spending on education and healthcare over cosmetic projects like glass trains, addressing smog and inequality.
Pakistan's FDI Crisis: Foreign Investment Needs Domestic Strength
Pakistan's foreign direct investment fell 51% year-on-year, highlighting structural issues. Experts argue sustainable growth requires boosting local investment through policy stability, lower costs, and tax reform to attract foreign capital organically.
IMF Praises Stability as Poverty Hits 11-Year High in Pakistan
The IMF applauds Pakistan's fiscal discipline and current account surplus, but poverty has surged to 29%, with unemployment at a 21-year peak, highlighting a stark gap between macroeconomic stability and public suffering.
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Pakistan, US Vow to Boost Economic Cooperation in DC Talks
Finance Minister Muhammad Aurangzeb and US Commerce Secretary Howard Lutnick met in Washington, agreeing to enhance trade and investment cooperation, with plans for a major forum next month.
IMF Acknowledges Pakistan's Economic Turnaround
The International Monetary Fund has recognized Pakistan's economic progress, citing improved fiscal discipline and external stability, though challenges remain in sustaining reforms.
Industries Get Rs121 Billion Power Relief Package
The government has approved a Rs121 billion relief package for industries to reduce electricity costs, aiming to boost industrial production and economic growth amid high energy prices.
CFTC vs States: Prediction Market Battle Escalates
The CFTC has threatened to sue states regulating prediction markets, causing a rift with Republican leaders like Utah's Governor. This clash highlights tensions between federal tech oversight and state autonomy.
Trump's Economic Paradox: Strong Data vs. Voter Discontent
Despite robust job growth, slowing inflation, and rising wages under President Trump, American voter sentiment remains near historic lows. Analysis reveals rising utility costs, cooling labor markets, and psychological factors driving the disconnect.
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Americans Spend Less on Food But Feel More Strapped
Despite spending a historically low percentage of income on food, many Americans feel financially strained due to rising costs, income inequality, and hidden expenses.
Debt Risks Keep Pakistan's Economy Vulnerable
Pakistan's economy faces heightened vulnerability due to escalating debt risks, with public debt reaching alarming levels and external pressures mounting, threatening fiscal stability and growth prospects.
Pakistan Debt Hits Rs 78.5 Trillion on Local Borrowing
Pakistan's total debt has surged to Rs 78.5 trillion, primarily fueled by increased domestic borrowing, raising concerns about fiscal sustainability and economic stability.
Pakistan's Economic Freedom: Mixed Outlook Amid Reforms
The Heritage Institute's 2025 Index of Economic Freedom ranks Pakistan 150th out of 184 economies, labeling it 'repressed.' While recent reforms show promise, challenges like judicial interference and high informal employment persist.
UAE Debt Rollover: Pakistan Officials Silent on One-Month Extension
Pakistan's finance minister and central bank governor avoided explaining the UAE's one-month extension of $2 billion debt, while confirming all $12 billion bilateral commitments remain intact amid IMF program.
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US Aid Cuts Deepen Economic Strain in Pakistan
Pakistan's economy is under pressure as US aid reductions affect sectors like security and development, raising concerns over fiscal stability and growth prospects amid ongoing challenges.
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