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Islamabad, April 9, 2025 – The Asian Development Bank (ADB) has projected Pakistan Gross Domestic Product (GDP) growth at 2.5% for the fiscal year 2025, attributing the forecast to ongoing tight macroeconomic policies.
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Islamabad — In a groundbreaking development for the country’s digital finance landscape, Changpeng Zhao (CZ), the visionary founder of Binance and a global leader in the Web3 revolution, has been officially appointed as Strategic Advisor to the Pakistan Crypto Council (PCC).
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Islamabad, April 6, 2025 – The Ministry of Finance has officially announced the schedule for the presentation of Pakistan’s budget for the fiscal year 2025-26.
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Islamabad, April 5, 2025 – Finance Minister Muhammad Aurangzeb announced on Saturday that Pakistan is actively seeking opportunities within the recent tariff impositions by the US administration, viewing the move not merely as a challenge but also as a chance to strengthen its global trade presence.
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Islamabad – Prime Minister Shehbaz Sharif has established a 12-member steering committee to assess and respond to the United States’ recent imposition of reciprocal tariffs, which analysts warn could severely impact Pakistan’s export competitiveness.
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Islamabad, April 3, 2025 – Pakistan has reported an increase in its trade deficit, which widened to $17.90 billion during the first nine months (July – March) of the fiscal year 2024-25.
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Karachi, April 3, 2025 – Pakistan’s foreign exchange reserves saw an increase of $29 million during the week ending March 28, 2025, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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The World Bank Group Board of Directors has given the green light for a $300 million International Development Association (IDA) loan to support the Punjab Clean Air Program (PCAP).
(more…)Karachi, March 27, 2025 – Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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Islamabad, March 26, 2025 – Prime Minister Shehbaz Sharif has reinstated tax rebates for teachers and researchers by approving amendments to the Income Tax Ordinance, 2001.
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