Finance Archives - Page 11 of 188

Pakistan posts $1.07 billion current account deficit in 7MFY26

Karachi, February 17, 2026 – Pakistan has recorded a current account deficit of $1.07 billion during the first seven months (July to January) of fiscal year 2025-26, marking a sharp shift from a $564 million surplus in the same period last year, according to the latest Balance of Payment (BOP) data released by the State Bank of Pakistan (SBP) on Tuesday.

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February 17, 2026

Finance Minister Aurangzeb announces more SOEs to join privatization list

Islamabad, February 16, 2026 – Finance Minister Muhammad Aurangzeb has confirmed that the government is committed to accelerating the privatization of State-Owned Enterprises (SOEs), stating that additional SOEs will be gradually handed over to the Privatization Commission.

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February 16, 2026

SOEs report Rs122 billion net losses in FY25, up 300% YoY

Islamabad, February 13, 2026 – Pakistan’s State-Owned Enterprises (SOEs) recorded a staggering net loss of Rs122 billion in the fiscal year 2025, marking a 300% increase compared to the previous year, according to the latest annual report released by the Finance Ministry.

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February 14, 2026

Pakistan sees $36 million increase in weekly foreign exchange reserves

Karachi, February 12, 2026 — Pakistan recorded a $36 million rise in total foreign exchange reserves during the week ended February 6, 2026, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday. The increase reflects modest improvement in the country’s external sector position amid ongoing efforts to stabilize the economy.

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February 12, 2026

Domestic borrowing drives Rs641bn surge in Pakistan’s federal debt

The federal government’s total debt stock increased by Rs641 billion during the first half of the current fiscal year (FY26), mainly due to a sharp rise in domestic borrowing, according to data released by the State Bank of Pakistan (SBP) on Wednesday.

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February 12, 2026

AI central to Pakistan’s public service and tax reforms: Aurangzeb

Islamabad, February 10, 2026 – Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said artificial intelligence (AI) is increasingly becoming central to Pakistan’s efforts to improve public service delivery, strengthen revenue administration, and promote evidence-based policymaking.

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February 10, 2026

SBP sees stronger growth ahead as FY26 GDP outlook improves

Karachi, February 9, 2026 — The State Bank of Pakistan (SBP) on Monday projected the country’s real gross domestic product (GDP) growth in the range of 3.4 to 4.75 percent for fiscal year 2025-26 (FY26), while estimating further improvement in FY27, supported by macroeconomic stabilization, easing financial conditions, and continued fiscal consolidation.

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February 9, 2026

Aurangzeb, World Bank MD take stock of Pakistan’s development roadmap

February 8, 2026 – Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Sunday held a high-level meeting with Ms. Anna Bjerde, Managing Director of the World Bank Group, to review progress under Pakistan’s Country Partnership Framework (CPF).

The meeting took place on the sidelines of the Annual AlUla Conference for Emerging Market Economies, currently underway in the Kingdom of Saudi Arabia.

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February 8, 2026

Storm clouds and silver linings: ICMAP sees growth amid fiscal strain

Karachi, February 7, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has cautioned that despite visible improvements in revenue collection, exports, and overall economic momentum, Pakistan will continue to face mounting economic pressures in FY2026, particularly from rising imports, trade and current account deficits, and growing domestic debt.

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February 7, 2026

Pakistan posts Rs542 billion budget surplus in 1HFY26

Islamabad — Pakistan recorded a budget surplus of Rs542 billion during the first half (July–December) of the fiscal year 2025-26, marking a sharp turnaround from a deficit of Rs1.54 trillion in the same period last year, official data released by the Ministry of Finance showed on Friday.

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February 7, 2026

Category: Finance