ISLAMABAD: Pakistan’s economy expanded at a slower pace than forecast in fiscal 2026, with gross domestic product growing a provisional 3.7 percent for the year through June, the government said on Wednesday, trimming its earlier projection of 4 percent.
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Pakistan receives $1.3 billion IMF tranche under bailout program
KARACHI: The central bank received about $1.3 billion from the International Monetary Fund after the lender’s executive board completed a review of the country’s bailout program, providing fresh support for foreign-exchange reserves even as the conflict in the Middle East clouds the outlook.
SBP sees Pakistan growth near low end of forecast after strong H1 as oil shock looms
KARACHI: Pakistan’s macroeconomic stability strengthened in the first half of fiscal 2026 despite floods at home and uncertainty over global trade even as the State Bank of Pakistan warned Tuesday that the war in the Middle East now threatens to derail the recovery.
Pakistan to tackle refinery policy roadblocks in 2026-27 budget as US-Iran conflict spurs fresh push for $6 billion in upgrades
ISLAMABAD: The government is preparing corrective steps in the upcoming fiscal budget to breathe life into a petroleum refining policy that has languished for nearly three years, after negotiations with the International Monetary Fund effectively blocked its implementation, Dawn newspaper reported on Tuesday.
Pakistan receives Qatari LNG cargo as second vessel heads through Hormuz amid US-Iran tensions
ISLAMABAD: Pakistan has taken delivery of one liquefied natural gas cargo from Qatar, while a second tanker is en route through the Strait of Hormuz, officials said on Monday, marking a tentative resumption of supplies after weeks of disruption caused by the ongoing conflict between the US and Iran.
Pakistan April remittances dip 7.6 percent month-on-month but rise 11.4 percent year-on-year
KARACHI: Pakistan received $3.54 billion in workers’ remittances in April, a 7.6% decline from the previous month but an 11.4% increase from a year earlier, according to data released on Monday by the State Bank of Pakistan.
Pakistan weighs tax relief for salaried class as it holds off on pay and pension increases – report
ISLAMABAD: The government is preparing to reduce the income-tax burden on salaried individuals in the upcoming federal budget while leaving salaries and pensions unchanged, a step aimed at extending comparable fiscal relief to workers in both the public and private sectors, Dawn newspaper reported on Monday.
Pakistan to debut in Chinese debt market with $250 million panda bond next week
ISLAMABAD: Pakistan is poised to tap Chinese capital markets for the first time with a yuan-denominated bond issue next week, Finance Minister Muhammad Aurangzeb said, as the government moves to strengthen foreign-exchange reserves and broaden its sources of external financing.
Pakistan returns to LNG spot market with Qatar supplies still stalled
ISLAMABAD: Pakistan LNG Ltd. invited international suppliers Saturday to bid for two spot cargoes of liquefied natural gas, the second tender in a week, as deliveries from its primary supplier Qatar stayed blocked by continued restrictions in the Strait of Hormuz.
IMF board approves $1.2 billion tranche for Pakistan after clearing key reform review
ISLAMABAD: The International Monetary Fund’s Executive Board approved the latest review of Pakistan’s economic program on Friday, clearing the way for the disbursement of about $1.2 billion in fresh financing.