ISLAMABAD: Pakistan’s trade deficit widened sharply in August, surging 30.4% to $2.87 billion from a year earlier, driven by a spike in imports and a steep drop in exports, according to data released on Tuesday by the Pakistan Bureau of Statistics.
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Inflation falls to 3 percent in August, beating forecasts
KARACHI: Consumer price inflation slowed to 3% in August 2025, dipping below government and analyst expectations and marking a significant retreat from the record highs seen two years ago, according to data released by the Pakistan Bureau of Statistics on Monday.
Govt retires Rs1.6 trillion of central bank debt in under two months
KARACHI: The government has retired more than Rs1.6 trillion of debt owed to the central bank in less than two months, a record achievement that underscores efforts to bolster fiscal discipline and reduce borrowing risks, a senior official said on Sunday.
Pakistan secures four-year US seafood export extension, boosting $465 million industry
KARACHI: Pakistan has won a four-year extension to export seafood to the United States, strengthening its $465 million industry, Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry said on Saturday.
FBR faces revenue shortfall amid floods, targets Rs1.44 trillion in September
The Federal Board of Revenue (FBR) is grappling with a revenue shortfall in August 2025, collecting Rs886 billion against a target of Rs950 billion, a deficit of Rs64 billion, as severe floods disrupt economic activity across the country.
Pakistan postpones revenue-sharing talks as Sindh faces flood threat
By Staff Reporter ISLAMABAD: Pakistan delayed the first meeting of the 11th National Finance Commission (NFC), the country’s revenue distribution body, on Thursday after Sindh
Pakistan targets 2025 panda bond debut to access Chinese capital
ISLAMABAD: Pakistan is pressing ahead with plans to issue its first panda bond in 2025, a move to tap China’s deep investor pool and diversify its funding sources, Finance Minister Muhammad Aurangzeb said, as the nation seeks to rebuild reserves and return to global capital markets.
Loans, grants lift Pakistan July inflows to $695 million
ISLAMABAD: Pakistan kicked off the new fiscal year with a robust 59 percent increase in foreign inflows, totalling $695 million in July, driven by a sharp rise in loans and grants following the finalisation of a critical International Monetary Fund (IMF) agreement.
Auto giants threaten shutdown if used car imports policy proceeds
ISLAMABAD: The auto manufacturers, long accused of operating a cartel that has entrenched a monopoly in the market with powerful backing from politicians and lawmakers, have threatened to halt local production and switch to importing and selling used vehicles if the government proceeds with plans to allow such imports at a 40 percent tariff from July 2026 — a policy they claim could lead to the same fate as major auto giants that shut down operations in Australia and New Zealand.
Rivals PMLN and PTI find common ground on revamping fiscal formula in NFC award
ISLAMABAD: The federal government, dominated by the Pakistan Muslim League-Nawaz, and the opposition-led administration in Khyber Pakhtunkhwa have unexpectedly aligned on a key fiscal reform: scaling back population as the primary factor in divvying up national resources under the National Finance Commission.