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In a striking revelation from the Pakistan Economic Survey 2025, Bangladesh has outperformed both Pakistan and India in cotton yield—despite growing the crop on a significantly smaller area.
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Karachi, July 3, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $18 billion mark, signaling renewed confidence in the country’s external position.
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KARACHI, July 2, 2025 — In a strong signal of macroeconomic stability, the State Bank of Pakistan (SBP) announced that its foreign exchange (forex) reserves surged to $14.51 billion by the close of fiscal year 2024-25, crossing the target set by the International Monetary Fund (IMF).
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Islamabad, July 1, 2025 – Pakistan has recorded a significant decline in average headline inflation, which dropped to 4.49% in fiscal year 2024-25, down from a staggering 23.41% in the previous fiscal year.
(more…)Karachi, June 26, 2025 — Pakistan’s foreign exchange (forex) reserves have witnessed a dramatic plunge of $2.61 billion in just one week, raising fresh concerns over the country’s external financial stability ahead of the fiscal year-end.
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Islamabad, June 26, 2025 — In a significant fiscal development, the National Assembly on Thursday approved the much-anticipated Budget 2025-26, with a total outlay of Rs17.57 trillion. The federal budget, which takes effect from July 1, was passed after intense deliberations and a clause-by-clause reading in the lower house of Parliament.
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Islamabad, June 24, 2025 — In a significant stride towards inclusive economic development, the Asian Development Bank (ADB) and the Government of Pakistan have signed a landmark $350 million loan agreement aimed at advancing women’s economic empowerment in the country.
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Islamabad, June 23, 2025 – Federal Finance Minister Muhammad Aurangzeb on Monday unveiled a broad array of relief measures incorporated in the federal budget for fiscal year 2025–26, following recommendations by the National Assembly and Senate finance committees.
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Islamabad, June 21, 2025 – Finance Minister Senator Muhammad Aurangzeb on Saturday announced significant tax relief for the salaried class, stating that salary income of up to Rs1.2 million annually will now be subject to only 1% income tax from the next fiscal year.
(more…)Karachi, June 19, 2025 – In a promising development for Pakistan’s external financial position, the State Bank of Pakistan (SBP) has announced an increase in the country’s foreign exchange reserves.
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