ISLAMABAD: Pakistan’s consumer confidence has surged to its highest level in six years, according to the Ipsos Consumer Confidence Survey for the second quarter of 2025, released on Sunday.
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FBR revenue gap nears Rs1 trillion in 11 months as economy falters
ISLAMABAD: The Federal Board of Revenue (FBR) fell short of its revenue target by nearly Rs1 trillion in the first 11 months of fiscal year 2025, hampered by a faltering economy and plunging imports that gutted domestic sales tax receipts.
Trump says Pakistani trade talks set for next week
ISLAMABAD: Pakistan and the US will launch trade negotiations next week, President Donald Trump said on Friday, as a potential 29 percent reciprocal tariff threatens Pakistan’s $5.44 billion export market.
Aurangzeb, Greer open talks to avert Trump’s 29pc reciprocal tariffs
ISLAMABAD: Pakistan has formally begun negotiations with the United States to tackle newly imposed reciprocal tariffs, with Finance Minister Muhammad Aurangzeb and US Trade Representative Ambassador Jamieson Greer launching the process via a conference call on Friday, a senior official said.
Budget set for June 10 despite Eid holiday overlap
ISLAMABAD: The federal budget for the fiscal year 2025-26 will stick to its June 10 unveiling, shrugging off speculation of a delay tied to the Eidul Azha holidays, a top finance official said on Thursday.
FM Aurangzeb promises bold budget reforms
ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Monday the government has planned a “strategic” budget for fiscal year 2025-2026, promising bold steps to reshape an economy battered by import reliance and fiscal instability.
Pakistan plans US firms mining concessions to sidestep looming tariffs
ISLAMABAD: Pakistan is offering mining concessions to US companies as it negotiates with Washington to sidestep steep tariffs, Reuters reported on Friday.
Pakistan’s $16.1bn foreign aid relies heavily on $8bn allied rollovers
ISLAMABAD: Pakistan secured $16.08 billion in foreign loans and grants in the first 10 months of fiscal 2024-25, falling short of its $19.2 billion target for the year ending June 30.
Pakistan pushes budget to June 10, IMF to continue talks post-visit
ISLAMABAD: Pakistan has postponed the presentation of its 2025-26 federal budget to June 10, a week later than the previously announced June 2, as the government grapples with unresolved fiscal negotiations with the International Monetary Fund, officials said on Friday.
Economy grows 2.4pc in Q3 amid mixed sector performance
ISLAMABAD: Pakistan’s economy expanded by 2.4% in the third quarter of fiscal year 2024-25, bolstered by gains in agriculture and services, even as the industrial sector shrank, data from the Pakistan Bureau of Statistics (PBS) showed on Tuesday.
