Aftab Maken ISLAMABAD: Pakistan’s merchandise trade deficit widened by more than 21 percent during fiscal year 2025-26, reaching $39.47 billion, as import growth significantly outpaced exports, according to provisional trade statistics released by the Pakistan Bureau of Statistics (PBS). The data showed that the cumulative trade deficit for the period …
Read More »PASSCO wind-up plan & import policy amendment approved
Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a series of key decisions relating to the restructuring of the Pakistan Agricultural Storage and Services Corporation (PASSCO), trade policy reforms, and higher education governance during a meeting chaired by Federal Minister for Finance and Revenue …
Read More »Economic performance registers GDP growoth of 3.7%
Aftab Maken ISLAMABAD: Pakistan’s economy ended fiscal year 2025-26 on a significantly stronger footing, recording its highest economic growth in four years, single-digit average inflation, and a current account surplus, according to the Finance Division’s Monthly Economic Update & Outlook for June 2026. The report, released by the Finance Division, …
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