Pakistan’s Trade Deficit Surges to $2.75 Billion in July 2025
Pakistan’s trade deficit reached $2.75 billion in July 2025, marking a sharp increase of over 44% compared to the $1.90 billion recorded in July 2024. On a month-on-month basis, the…
Pakistan Records Fiscal Deficit of 5.4% Despite High Debt Servicing
Despite facing economic challenges and high debt servicing costs, the Pakistani government managed to advance fiscal consolidation in FY 2023–24 through structural reforms and efforts to broaden the tax base,…
CCP Uncovers Cartelization and Collusive Practices in Fertilizer Sector
The Competition Commission of Pakistan (CCP) has exposed signs of cartelization and collusive behavior among fertilizer manufacturers, raising serious concerns about competition in the sector. The findings were revealed in…
Pakistan’s Foreign Reserves Dip Below $20 Billion as SBP Loses $153 Million
The foreign exchange reserves held by the State Bank of Pakistan (SBP) saw a decline of $153 million during the week ending July 25, according to the latest figures released…
PM Shehbaz Reviews Progress on PPP Authority, Stresses Merit in Expert Appointments
Prime Minister Shehbaz Sharif chaired a review meeting on Friday to assess the progress of the Public Private Partnership (PPP) Authority, focusing on the appointment of technical experts in federal…
S&P Upgrades Pakistan’s Credit Rating to ‘B-’ with Stable Outlook
S&P Global has upgraded Pakistan’s sovereign credit rating from ‘CCC+’ to ‘B-’ and assigned a ‘stable’ outlook, citing improved financial conditions and stronger foreign reserves, supported by assistance from the…
Government Considering Up to Rs. 10 Per Liter Hike in Petrol Levy to Address Circular Debt
Government Considering Up to Rs. 10 Per Liter Hike in Petrol Levy to Address Circular Debt Ask ChatGPT The International Monetary Fund (IMF) has urged Pakistan to submit a detailed…
Mobile Phone Imports Drop by 21% as Pakistan Boosts Local Production in FY 2024-25
Pakistan has witnessed a significant decline in mobile phone imports during the fiscal year 2024-25, signaling a shift towards local manufacturing. According to official data, the country imported mobile phones…
Fuel Prices Surge Again as Government Announces Another Hike
The federal government has once again raised the prices of petroleum products, marking the third consecutive hike in recent weeks. As per the latest notification issued by the Finance Division,…
Pakistan’s Foreign Exchange Reserves Surge by $1.93 Billion, Reaching Highest Level Since March 2022
Pakistan’s foreign exchange reserves have increased by $1.93 billion on a weekly basis, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday. As of…
