Aurangzeb ‘quite hopeful’ Pakistan can achieve 3.5% GDP growth in FY26 despite flood impact
Finance Minister Muhammad Aurangzeb has expressed optimism that Pakistan will achieve close to 3.5% GDP growth in FY26 despite the flood impact. He highlighted macroeconomic stability, IMF support, credit rating upgrades, privatization progress, and deepening China-Pakistan economic ties as key factors driving recovery.
Pakistan Records Unexpected 5.7% Growth in Q4 on Industrial Rebound
Pakistan has reported an unexpected 5.7% economic growth in the last quarter of FY25, driven by strong performance in the industrial sector and major revisions in key economic indicators, signaling resilience despite tight fiscal conditions.
Federal Government Urges Provinces to Accelerate IMF Reforms Ahead of Key Review Deadline
The federal government has pressed Pakistan’s provincial administrations to urgently resolve pending IMF-related commitments and fiscal targets to ensure smooth progress in the second review of the $7 billion Extended Fund Facility (EFF), as well as the $1.4 billion Resilience and Sustainability Facility (RSF), with key reforms hanging in the balance.
Pakistan’s Central Government Debt Rises to Rs77 Trillion in August Despite Monthly Decline
Pakistan’s central government debt reached Rs77.46 trillion in August 2025, marking a 10% annual increase driven by heavy domestic and external borrowing to cover the fiscal deficit, despite showing a slight month-on-month decline.
PM Shehbaz Welcomes Bloomberg Report Highlighting Sharp Decline in Pakistan’s Default Risk
Prime Minister Shehbaz Sharif lauds Bloomberg’s latest report recognizing Pakistan as the world’s second most improved economy in reducing default risk, attributing the progress to strong governance, fiscal reforms, and renewed investor confidence.