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Category: Finance

Explore finance-related stories with Pakistan Revenue, your source for the latest updates on Pakistan’s economy, financial trends, and market insights. Stay informed with real-time economic developments.

  • Pakistan Sees 32.3% FDI Growth in 4MFY25 Period

    Pakistan Sees 32.3% FDI Growth in 4MFY25 Period

    Pakistan experienced a significant 32.3% surge in net Foreign Direct Investment (FDI) during the first four months of FY25, reaching $904.3 million, according to data released by the State Bank of Pakistan (SBP) on Monday. This marks a notable improvement from the $683.5 million recorded during the same period last fiscal year.

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  • Aurangzeb Envisions Pakistan’s Economy at $3 Trillion by 2047

    Aurangzeb Envisions Pakistan’s Economy at $3 Trillion by 2047

    Islamabad, November 17, 2024 – Federal Finance Minister Muhammad Aurangzeb has projected that Pakistan’s economy could expand to $3 trillion by 2047, a significant leap from its current $300 billion. In a televised statement on Sunday, he attributed this optimistic outlook to the government’s economic discipline and reform efforts under the leadership of Prime Minister Muhammad Shehbaz Sharif.

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  • Aurangzeb Rules Out Mini Budget After Productive IMF Talks

    Aurangzeb Rules Out Mini Budget After Productive IMF Talks

    Islamabad, November 16, 2024 – Federal Finance Minister Muhammad Aurangzeb has dismissed the possibility of introducing a mini-budget after the conclusion of successful discussions with the International Monetary Fund (IMF). The talks, which included an in-person visit by the IMF mission led by Nathan Porter, were described as productive and aimed at fostering confidence rather than reviewing Pakistan’s economy.

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  • IMF Recommends Reducing State Role in Pakistan Economy

    IMF Recommends Reducing State Role in Pakistan Economy

    Islamabad, November 16, 2024 – The International Monetary Fund (IMF) has recommended that Pakistan reduce state intervention in its economy and foster greater competition to support sustainable growth. This advice followed the conclusion of a staff visit to Pakistan, led by Nathan Porter, from November 12 to 15, 2024.

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  • Weekly SPI Inflation Increases by 0.55%

    Weekly SPI Inflation Increases by 0.55%

    Islamabad, November 15, 2024 – The Sensitive Price Indicator (SPI), which measures weekly inflation, recorded an increase of 0.55% for the week ending November 14, 2024, according to the Pakistan Bureau of Statistics (PBS). The rise reflects notable price hikes in essential commodities, impacting households across the country.

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  • Pakistan’s Net Forex Reserves Increase to $15.966 Billion

    Pakistan’s Net Forex Reserves Increase to $15.966 Billion

    Karachi, November 14, 2024 – Pakistan’s foreign exchange (forex) reserves saw a slight increase, reaching $15.966 billion by the end of the week on November 8, 2024, according to the State Bank of Pakistan (SBP). This marks an increase of $34 million from the previous week’s level of $15.932 billion, signaling a positive but modest uptick in the country’s forex reserves.

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  • IMF Delegation Meets Aurangzeb to Discuss EFF Progress

    IMF Delegation Meets Aurangzeb to Discuss EFF Progress

    Islamabad, November 12, 2024 – The International Monetary Fund (IMF) delegation, led by IMF Mission Chief Nathan Porter, held an initial meeting with Finance Minister Muhammad Aurangzeb on Tuesday to discuss Pakistan’s economic progress under the Extended Fund Facility (EFF).

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  • Pakistan’s Total Debt, Liabilities Rise to Rs 85.84 Trillion in 1QFY25

    Pakistan’s Total Debt, Liabilities Rise to Rs 85.84 Trillion in 1QFY25

    Karachi, November 11, 2024 – Pakistan’s fiscal challenges intensified as total debt and liabilities surged to Rs 85.84 trillion by the end of the first quarter of FY2024-25, the State Bank of Pakistan (SBP) reported Monday.

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  • Aurangzeb Welcomes APM Terminals Investment in Pakistan

    Aurangzeb Welcomes APM Terminals Investment in Pakistan

    Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, expressed a warm welcome on Monday to APM Terminals commitment to invest in Pakistan, emphasizing the government’s support to ensure a level-playing and investment-friendly environment for the company. Senator Aurangzeb met with Keith Svendsen, Chief Executive Officer (CEO) of APM Terminals, in a meeting also attended by key figures from both Pakistan and Denmark.

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