Aftab Maken ISLAMABAD: Pakistan’s cumulative trade deficit for the first eleven months of fiscal year 2025-26 (July–May) stood at $34.76 billion, according to the latest merchandise trade statistics released by the Pakistan Bureau of Statistics (PBS). The data shows that the country’s import bill continued to outpace exports despite a …
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BeNewz Report KARACHI: Investigations against alleged drug trafficker Anmol, also known as Pinky, have widened significantly after digital forensic analysis and an initial financial audit reportedly uncovered millions of rupees in suspicious transactions and alleged money laundering activities. According to sources, the ongoing probe has now expanded to examine the …
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BeNewz Report ISLAMABAD: Pakistan faces stricter IMF conditions as 430 billion rupee tax plan emerges alongside sweeping fiscal tightening, higher energy levies, and expanded revenue enforcement measures affecting next fiscal year’s budget framework. The International Monetary Fund has placed eleven new conditions on Pakistan’s fiscal framework under ongoing economic reforms. …
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Aftab Maken KARACHI: State Bank of Pakistan receives $1.3 billion IMF inflows after third review completion under EFF and RSF, strengthening reserves position amid external financing pressures and ongoing macroeconomic stabilisation efforts. State Bank of Pakistan has received about US$1.3 billion from the International Monetary Fund following disbursements under the …
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Aftab Maken ISLAMABAD: Pakistan’s economy showed signs of stress despite improvements in select indicators during the first eight months of FY2026, with rising inflation, widening trade deficit, and falling foreign investment highlighting persistent vulnerabilities. The Finance Division’s Monthly Economic Update for March 2026 reported mixed performance, as gains in remittances …
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BeNewz Report ISLAMABAD: The State Bank of Pakistan (SBP) has completed the repayment of a total of $3.45 billion in deposits to the United Arab Emirates, marking a significant development in the country’s external debt obligations and liquidity management. According to official sources, the central bank repaid $1 billion to …
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BeNewz Report KARACHI: Pakistan has received a significant financial boost as the State Bank of Pakistan confirmed that the second tranche of $1 billion out of a $3 billion deposit from Saudi Arabia has been credited to the country’s deposits. Earlier, the first tranche of $2 billion was received on …
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–GDP growth for Q1 FY26 was revised down while key sectors showed weakening momentum despite a modest pickup in Q2 Aftab Maken ISLAMABAD: An economic growth outlook showed emerging weaknesses as the National Accounts Committee revised down first-quarter expansion and reported only moderate gains in the second quarter of FY2025-26. …
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–Trade deficit surged 24% in the first nine months of FY26 as imports rose and exports declined, official data showed BeNewz Report ISLAMABAD: The trade deficit expanded sharply during July–March FY2025-26, reflecting pressure on external accounts despite a monthly improvement in March, according to data released by the Pakistan Bureau …
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Aftab Maken ISLAMABAD: FBR collected Rs 8.1tr in July-February, missing the revised target by Rs 450bn and raising the likelihood of another downward revision after IMF talks. Pakistan’s Federal Board of Revenue has recorded a Rs 450bn revenue shortfall during the first eight months of fiscal year 2025-26, intensifying pressure …
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