FBR Entities PRAL and PSW Identified as Key Sources Behind $11 Billion Trade Data Discrepancy
The Ministry of Commerce and PBS informed the National Assembly Standing Committee on Commerce that PRAL and PSW were responsible for an $11 billion trade data discrepancy. The issue stems from procedural reporting gaps and not financial flows, with steps underway to strengthen coordination and improve data transparency.
Pakistan’s GDP Expands 3.04% in FY2025 as Economy Reaches $407 Billion
Pakistan’s GDP growth accelerated to 3.04% in FY2025, with improved performance in agriculture, industry, and services. The economy’s total size has now reached $407 billion, driven by upward revisions in national accounts and stronger output across key sectors.
IMF Presses Pakistan for Transparency Over $11 Billion Trade Data Discrepancy
The International Monetary Fund (IMF) has raised concerns over an $11 billion gap in Pakistan’s trade data, urging the government to publicly clarify discrepancies between figures reported by PRAL and PSW, amid growing doubts over the reliability of the country’s external sector statistics.
Aurangzeb Chairs Inaugural Inflation Steering Committee Amid Flood-Driven Food Price Pressures
Finance Minister Muhammad Aurangzeb chaired the first meeting of the newly formed Steering Committee on Inflationary Trends, focusing on rising food prices, disrupted supply chains, and strategies to protect vulnerable households following recent floods.
The Mirage of Moderation: Pakistan’s Inflation Story
Pakistan’s official inflation data shows a sharp slowdown, but for households struggling with food, fuel, and utility costs, the relief feels like an illusion. Disinflation hides a deeper crisis in measurement, policy, and lived experience.
Pakistan’s Trade Deficit Widens 30% YoY to $2.9 Billion in August 2025 Amid Export Decline
Pakistan’s trade deficit surged to $2.9 billion in August 2025, driven by shrinking exports and rising imports. Official data highlights growing external pressures, with the trade gap up nearly 30% year-on-year despite a month-on-month improvement.
Pakistan’s First Economic Census Maps 7.2 Million Businesses for Evidence-Based Growth
Pakistan has launched its first-ever Economic Census, mapping 7.2 million businesses and nearly 10 million household enterprises. The exercise provides a detailed dataset on economic, social, and educational infrastructure, aiming to drive evidence-based policymaking, expand the tax base, and promote inclusive growth.