Pakistan economy
Pakistan Targets 3.5% Economic Growth Despite Floods, Says Finance Minister Aurangzeb
ISLAMABAD: Pakistan remains on track to achieve a 3.5 percent economic growth rate this fiscal year despite the devastating impact of recent floods, said Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, in an interview with CGTN America. The finance minister said Pakistan’s macroeconomic stability had been consolidated through fiscal discipline, improved foreign exchange […]
Tomato Prices Soar to Rs700 per Kilogram Across Pakistan
Consumers across Pakistan are facing another wave of inflation as tomato prices have skyrocketed to unprecedented levels, reaching up to Rs700 per kilogram in major cities. The sudden surge in vegetable prices has intensified financial pressure on households already coping with rising food costs. In Karachi, tomatoes are now selling between Rs500 and Rs700 per […]
Petrol prices in Pakistan likely to drop from October 16
Consumers in Pakistan may finally get some respite from rising fuel costs as petrol and diesel prices are expected to decrease starting October 16, 2025, following a decline in global crude oil rates. According to early estimates from the oil industry, petrol prices could fall by Rs6.10 per litre, while high-speed diesel (HSD) is likely […]
Pakistan’s Foreign Exchange Firms Report Decline in Dollar Sales
Pakistan’s foreign exchange companies have reported a notable decline in dollar sales to banks during the first quarter of fiscal year 2026, reflecting growing pressure on the currency market amid tightening dollar liquidity and slower remittance inflows. According to data released by the Exchange Companies Association of Pakistan (ECAP), exchange firms sold $646 million to […]
IMF to Receive Briefing on Pakistan’s New National Tariff Policy Today
The International Monetary Fund (IMF) delegation currently in Pakistan will be briefed today on the macroeconomic implications of the country’s newly introduced National Tariff Policy 2025–2030, according to official reports. The meeting aims to provide the global lender with a comprehensive understanding of the policy’s expected impact on trade, fiscal management, and industrial growth. The […]