68 m. ago PM Shehbaz unveils Maritime Vision at PIMEC 2025; calls Blue Economy ‘Game

— PM says Pakistan Navy is formidable force through all conflicts and remains a strong pillar of our national security — Says even tapping a fraction of this economy could be a real game-changer — PM stresses transformation of Pakistan’s maritime sector into a driver of inclusive, sustainable economic growth ISLAMABAD: Prime Minister Muhammad Shehbaz […]

Other

4 d. ago Pakistan’s plan to sharply increase growth faces headwinds – analysts

Pakistan is aiming to sharply increase economic growth under its annual federal budget unveiled on Tuesday, but analysts are skeptical about the country’s ability to meet its ambitious goals. The budget targets higher revenues and a steep fiscal deficit cut under International Monetary Fund (IMF) backed reforms. Yet, defense spending was hiked 20 percent, excluding […]

Other

6 d. ago Pakistan’s budget 2025: Salary hike, tax cuts, and economic growth

Pakistan’s federal government has presented a historic budget of 175 trillion rupees for the 2025-26 fiscal year. The budget was unveiled by Finance Minister Muhammad Aurangzeb in the National Assembly, amid protests from opposition members. In his speech, the minister emphasized economic progress and congratulated Pakistan’s leadership for its recent victory in the war with […]

Other

1 week ago Pakistan’s economic growth to hover at 2.44% in FY25, LSE warns

Pakistan’s economic growth is projected to be a modest 2.44% in the fiscal year 2024–25, showing only a slight improvement from last year’s 1.7%, according to the Lahore School of Economics (LSE) Modelling Lab. This forecast aligns closely with recent downward revisions by the Pakistan Bureau of Statistics and estimates by the World Bank, IMF, […]

Other

1 week ago Government allocates funds for new industrial development projects in upcoming budget

The government has announced plans to allocate significant funds in the next fiscal year’s budget to promote industrial growth and development across Pakistan. These initiatives focus on creating special economic zones and expanding industrial units to boost manufacturing and employment. One key proposal is the allocation of Rs. 500 million for establishing a Special Economic […]

Other

3 w. ago Construction sector key to sustainable economic growth: PM Shehbaz Sharif

Prime Minister Shehbaz Sharif has emphasized that the development of the construction sector is vital for Pakistan’s sustainable economic growth. He also directed that financing recommendations for low-cost housing projects should be included in the upcoming federal budget proposals. According to a statement from the Prime Minister’s Office, Shehbaz Sharif chaired a review meeting of […]

Other

4 w. ago Trump’s tariffs: IMF predicts marginal decline in Pakistan’s economic growth

The International Monetary Fund (IMF) has warned that the recent reciprocal tariffs imposed by the US under President Donald Trump will negatively impact Pakistan’s exports and economic growth. The IMF’s latest report stated that while the full effect remains uncertain, the tariffs will likely reduce Pakistan’s GDP growth, with a modest reduction in FY25 and […]

Other

4 w. ago Govt promises budget relief for common people: Rana Sanaullah

KARACHI: Advisor to the Prime Minister on Political Affairs, Rana Sanaullah, has assured that the upcoming federal budget will provide tangible relief to the common man, as Pakistan continues to move beyond economic crisis toward recovery and growth. Speaking to media following a high-level meeting at Governor House Karachi on Sunday, Rana Sanaullah said that […]

Other