A huge increase in Pakistan’s fuel import bill from $300m to $800m is putting more pressure on the economy.
Investment minister says country must evolve from import-driven economy to one that produces and exports value-added goods.
The country is, in effect, generating an import liability equal to its entire export sector — in a single commodity category ...
Pakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are ...
An IMF report argues that weak governance and corruption keep Pakistan in economic stress, as imports and foreign financing sustain consumption-led growth while the tax to GDP ratio stays near ten per ...
The escalating conflict between the United States and Iran has sent shockwaves through Pakistan’s already fragile economy, ...
Pakistan's oil import bill had surged from $300 million before the conflict to $800 million, the prime minister said.
ISLAMABAD, May 25 (Reuters) - Pakistan's minister for planning on Tuesday defended the government's 3.9% GDP growth estimate for 2020/21 financial year, which is twice the projections issued by the ...
Pakistan’s financial sector expanded by 15.1 percent in 2025, a major improvement in stability as deposits increased, bad ...
Analysts say inflation may exceed 11pc, CAD could rise above $8bn • GDP expansion may slow to 2.5-3.0pc in FY27 ...
KARACHI, Dec 2 (Reuters) - Pakistan's budget deficit for the first three months of the 2009/10 fiscal year was 223.67 billion rupees ($2.68 billion) or 1.5 percent of gross domestic product (GDP), the ...