ISLAMABAD: Pakistan repaid $1.43 billion in external debt on Tuesday, including a $1.3 billion Eurobond maturing the following day, in a move the government described as routine and on schedule.
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Pakistan arranges $4.8 billion in external debt repayments by June, including $3.5 billion to UAE
ISLAMABAD: Pakistan has lined up repayments totaling $4.8 billion in external obligations by the end of June, including $3.5 billion owed to the United Arab Emirates across three separate facilities, local media reported on Monday.
Govt rolls out targeted subsidies via digital wallets after fuel-price shock
ISLAMABAD: Prime Minister Shehbaz Sharif said on Saturday that the government has started disbursing relief funds directly into digital wallets for operators of public transport buses, wagons and freight vehicles, part of a rapid response to cushion the impact of sharply higher petroleum prices.
Pakistan rejects speculation over UAE deposit repayment as routine maturity
ISLAMABAD: The Foreign Office on Saturday dismissed as “misleading and unfounded” recent commentary surrounding the return of financial deposits from the United Arab Emirates, insisting the transaction was a straightforward maturity of bilateral commercial agreements.
Pakistan to repay full $3.5 billion UAE debt this month, ending rollover uncertainty
ISLAMABAD: Pakistan has decided to repay its entire $3.5 billion debt to the United Arab Emirates this month, a senior cabinet minister said on Friday, resolving weeks of speculation over whether Abu Dhabi would continue rolling over the short-term financing that had become a monthly ritual.
Pakistan’s economy grows 3.89 percent in Q2, industry rebound outpaces agriculture slowdown
ISLAMABAD: Pakistan’s economy expanded 3.89 percent in the October-December quarter of fiscal 2026, accelerating from 2.18 percent a year earlier and edging ahead of the revised 3.63 percent pace in the preceding three months, according to official data released on Thursday.
Trade deficit widens 22.65 percent to $27.81 billion in nine months on weak exports
ISLAMABAD: Pakistan’s trade deficit expanded 22.65% to $27.81 billion in the first nine months of fiscal 2026, driven by a sharp drop in exports that more than offset higher imports, according to data from the Pakistan Bureau of Statistics released on Thursday.
FBR misses nine-month revenue target by Rs612 billion amid war-related disruptions
ISLAMABAD: The Federal Board of Revenue fell short of its revenue target by Rs612 billion in the first nine months of fiscal 2026, the latest sign of mounting pressure on the government’s finances as conflict-related uncertainties weigh on economic activity.
Pakistan’s public debt breaches legal limits, hit Rs80.5 trillion as ratio worsens to 71.7 percent of GDP
ISLAMABAD: The government conceded to parliament on Monday that public debt rose sharply in fiscal 2025, pushing the debt-to-GDP ratio higher and increasing the per-capita burden even as fiscal consolidation measures took hold and macroeconomic conditions improved.
Karachi transhipment volumes jump as Middle East conflict prompts Gulf reroutes
KARACHI: Long queues of container ships have begun forming at Pakistan’s Karachi ports as global shipping lines divert vessels from the Strait of Hormuz amid heightened risks from the ongoing Middle East conflict, with government facilitation measures accelerating the shift.