43 h. ago ‘Global Survey’: Karachi ranked among ‘least liveable cities’ once again

The survey conducted by The Economist assessed 173 cities of the world KARACHI: A global survey has once again ranked Karachi, the port city and financial hub of Pakistan, among the world’s five “least liveable cities.” The annual global survey was conducted by The Economist amongst a list of 173 countries. According to the Economist […]

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6 d. ago Budget statistics a ‘smokescreen’ to mask economic ‘meltdown:’ PTI

Alarming brain drain a direct result of growing hopelessness, economic mismanagement: Waqas ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Central Information Secretary Sheikh Waqas Akram strongly criticized the imposed government for presenting fabricated and misleading data in the Economic Survey, dismissing it as nothing more than a smokescreen designed to conceal its glaring economic failures. He stated that […]

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8 d. ago Tax relief proposed for fertilizers, pesticides—but farmers still disappointed

In the newly announced federal budget 2025–26, the Pakistani government has proposed to continue sales tax exemptions on fertilizers and pesticides, in an attempt to support the agriculture sector, considered the backbone of the economy. Despite this relief, key stakeholders have voiced dissatisfaction, saying many promises remain unfulfilled. During his budget speech in Parliament, Finance […]

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9 d. ago Pakistan’s nuclear plants power 3,530 MW despite falling electricity demand

Pakistan’s nuclear power plants (NPPs) are a key part of the country’s energy supply. According to the Economic Survey 2024-25, six nuclear reactors produce a total capacity of 3,530 MW. These plants help diversify Pakistan’s energy sources and reduce reliance on fossil fuels. The Chashma Nuclear Power Station near Mianwali has four units with a […]

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9 d. ago Tax exemptions soar to record Rs5.8 trillion despite withdrawals: Economic survey 2025

ISLAMABAD – In a shocking revelation, the government reported a massive rise in tax exemption costs, reaching Rs5.8 trillion this year. This marks a record increase of Rs2 trillion in just the first year of the current government’s tenure. The data was released in the Economic Survey 2025, presented by Finance Minister Muhammad Aurangzeb. Surprisingly, […]

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9 d. ago Areas with unpaid electricity bills to face continued load shedding: Finance minister

Finance Minister Muhammad Aurangzeb has announced that load shedding will continue in areas where electricity bills are not paid. He made this statement while answering questions after the Economic Survey press conference held in Islamabad. He emphasized that electricity supply cannot be guaranteed in places where consumers fail to pay for the service. He further […]

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9 d. ago Top international destination for Pakistani workers in FY2025 announced

ISLAMABAD – The Economic Survey of Pakistan for outgoing fiscal year 2024-25 revealed that a significant number of of Pakistanis

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9 d. ago Over $1.5bn secured for climate action amid rising pressures

Amid intensifying climate risks, Pakistan has mobilized over $1.5 billion in climate finance to combat environmental degradation and build resilience, according to the Pakistan Economic Survey 2024-25. The funding includes $1.4 billion under the IMF’s Resilience and Sustainability Facility (RSF) and $82 million from the Green Climate Fund, alongside the launch of a Rs30 billion […]

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9 d. ago Economic Survey: PTI accuses govt for ‘mismanaging’ economy, calls GDP growth ‘fabricated’

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Monday strongly rejected the federal government’s Economic Survey 2024-25, accusing the coalition regime of “mishandling the economy, pushing millions into poverty, and fabricating gross domestic product (GDP) figures.” “At least 30 million people in Pakistan had slipped below the poverty line these were the very people (incumbent rulers) brought […]

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9 d. ago PTI slams govt’s economic survey, calls growth figures ‘fake and misleading’

ISLAMABAD – Pakistan Tehreek-e-Insaf (PTI) has strongly rejected the federal government’s Economic Survey 2024–25, calling the reported GDP growth “fabricated” and accusing the coalition of pushing millions into poverty. PTI spokesperson Sheikh Waqas Akram said the government’s economic performance is no cause for celebration. Speaking at a press conference after the survey was released, Akram […]

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9 d. ago Pakistan spends less than 1% of GDP on education and health, reveals economic survey

ISLAMABAD – Pakistan spent less than one percent of its GDP on education and health during the fiscal year 2024–25, according to the latest Economic Survey released on Monday. This low investment in critical sectors has raised concerns among experts about the country’s long-term development and human capital. The report states that only 0.8% of […]

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1 week ago Pakistan’s IT sector booms with record growth in exports and innovation

ISLAMABAD – Pakistan’s Information Technology (IT) sector has emerged as the fastest-growing part of the national economy, according to the National Economic Survey 2024–25 released on Monday. The report highlights impressive growth across exports, freelancing, and tech innovation. IT exports jumped by 23.7% during the fiscal year, reaching $2.825 billion. In March 2025 alone, exports […]

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1 week ago Pakistan moving in the right direction, inflation under control: Finance Minister

ISLAMABAD – Finance Minister Muhammad Aurangzeb has said that Pakistan is heading in the right direction and has successfully brought inflation under control, as he presented the Economic Survey 2024-25 on Sunday. While addressing a press conference in Islamabad, Aurangzeb said global GDP growth has slowed to 2.8%, but Pakistan recorded an increase in its […]

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1 week ago Pakistan’s power capacity reaches 46,605 MW, but idle plants push cost burden on consumers

ISLAMABAD – Pakistan’s electricity generation capacity has hit a new high of 46,605 megawatts during the current fiscal year, but the rise is adding financial pressure on consumers due to payments to idle power plants. According to the Economic Survey 2024–25, the country’s total installed capacity grew by 1.6% compared to the same period last […]

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1 week ago GDP, debt, and development: Pakistan’s 2024–25 economic picture comes into focus

Federal Finance Minister Senator Muhammad Aurangzeb is set to present the Economic Survey 2024–25 today in Islamabad. This survey is an important document shared ahead of the annual federal budget. It reviews the country’s economic progress during the outgoing year. It also outlines challenges and achievements across sectors like agriculture, industry, services, IT, energy, and […]

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2 w. ago Govt to end tax relief for tribal areas in next budget, aims to raise Rs45 billion

The federal government plans to end the sales tax exemption for former tribal areas in the upcoming 2025-26 budget. This move could help the government raise over Rs45 billion in revenue. The decision will also impact electricity supplies to the ex-FATA and PATA regions, ending years of tax relief provided after their merger with Khyber […]

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3 w. ago Ministry of finance sets june 10 for budget presentation in national assembly

Pakistan’s federal budget for the upcoming fiscal year 2025-26 will be formally presented in the National Assembly on June 10, confirmed a spokesperson for the Ministry of Finance. The Economic Survey of Pakistan, which outlines the economic performance and key indicators for the outgoing fiscal year, will be released a day earlier on June 9. […]

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