The IMF report also addresses the budget deficit, projecting a gradual decline from 5.1% of GDP in the current fiscal year to 3.1% by 2030. To cover the deficit, Pakistan will require approximately ...

ISLAMABAD, May 21 (Reuters) - Pakistan's economy grew 2.09% in the third quarter of the financial year 2023-2024, supported by higher growth in agriculture, the Pakistan Bureau of Statistics said on ...

“Over the past two years, Pakistan has achieved clear economic progress. Inflation has fallen from 29.2 percent to 4.5 ...

Pakistan's literacy rate increased to 63 percent from the previous 60 percent, number of out-of-school children dropped from 30 percent to 28 percent, while household and individual internet users ...

Pakistan saw a 14% rise in foreign loans and grants during the first five months of the current fiscal year (July–November ...

At a time when geopolitical tensions between India and Pakistan are once again making global headlines, the economic gap between the two nations has never been wider. A few decades ago, Pakistan was ...

Pakistan’s economy is projected to maintain its “positive momentum” in the coming months, driven by industrial growth, improved governance, digitalisation, and prudent macroeconomic management, the ...

Graft and elite capture are choking Pakistan’s growth and only civic renewal with real reform of taxes, procurement, SOEs and ...

Decision to hold meets expectations of analysts in Reuters poll SBP sees fiscal 2026 GDP in upper half of earlier 3.25–4.25% range Recent floods had milder-than-expected impact on crops, SBP says ...