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Pakistan

Web Desk
Jun 16, 2025

SBP holds key rate at 11% amid Iran-Israel conflict

The decision also comes on the heels of Pakistan’s contractionary budget, where it cut total spending by 7% and set a GDP target of 4.2% for fiscal year 2025-26.

Business

Reuters
Apr 23, 2025

IMF trims Pak’s GDP forecast, demands fiscal restraint amid global outlook dip

Sources say that the IMF has asked Pakistan’s federal government to cease provincial projects worth Rs1,100 billion from the upcoming budget.

Business

Web Desk
Nov 02, 2024

Pakistan’s GDP could drop by over 21% due to climate change by 2070: ADB

A high-emissions climate change scenario could make Pakistan lose 21.1 per cent of its GDP by 2070, according to the Asian Development Bank.

Business

Web Desk
Sep 17, 2024

Currency in circulation falls to lowest GDP percentage in nearly 10 years

Pakistan’s Currency in Circulation (CiC) has fallen to its lowest level as a percentage of Gross Domestic Product (GDP) in nearly a decade.

Business

Web Desk
Jun 10, 2024

Senate told agriculture sector drives 2.9 per cent of GDP

On Monday, Federal Minister for Law and Justice, Senator Azam Nazeer Tarar, addressed the Upper House of Parliament, highlighting the resilience of Pakistan’s agriculture sector despite the adverse effects of climate change.