Articles tagged with "pakistan economy"

27 articles found

Minister for Finance and Revenue Muhammad Aurangzeb witnesses the signing of an agreement in Washington extending a $3 billion deposit between the Saudi Fund for Development and the State Bank of Pakistan on April 17, 2026. (Ministry of Finance/X)

Saudi Arabia extends $3B deposit to bolster Pakistan's economy

Saudi Arabia extends maturity of $3 billion deposit at Pakistan’s central bank as officials sign agreement in Washington during World Bank-IMF Spring Meetings.

May 11, 2026

Pakistanis shop at a market for the Eid al-Fitr celebrations during the last week of the Islamic holy fasting month of Ramadan in Karachi on March 17, 2026. (AFP)

Pakistan posts back-to-back credit wins as economy improves

Fitch maintained Pakistan’s B- rating with a 'Stable Outlook' as reserves rose to $28.4 billion, inflation eased, interest rates fell, and fiscal balances improved.

April 13, 2026

Pakistan Minister for Finance and Revenue Muhammad Aurangzeb, left, talks with Saudi Arabia Finance Minister Mohammed bin Abdullah al-Jadaan during a high-level meeting in Islamabad, Pakistan, Friday, April 10, 2026. (Ministry of Finance/X)

Saudi finance minister holds talks in Pakistan on economic cooperation

Saudi Finance Minister Al-Jadaan met his Pakistani counterpart in Islamabad, with both sides planning to follow up at the World Bank Group–IMF Spring Meetings in Washington.

April 11, 2026

Prime Minister Shehbaz Sharif chairs a meeting regarding long term energy planning and export strategy during current international situation, in Islamabad on 7 April 2026. (PMO)

Pakistan to expand renewable energy to shield economy, exports amid Middle East crisis

Pakistan’s renewable energy now generates 55% of electricity, shielding it from regional oil disruptions. PM Shahbaz Sharif aims for 90% renewables in a decade while securing Gulf export routes.

April 7, 2026

A view of the International Monetary Fund headquarters building in Washington, DC on October 20, 2024 ahead of the 2024 IMF/World Bank Annual Meetings. (AFP)

IMF clears $1.2 billion for Pakistan in dual program review

The deal remains subject to approval by the Fund's Executive Board.

March 28, 2026

A stock broker walks past a digital board showing share prices at the Pakistan Stock Exchange (PSX) in Karachi on March 10, 2026. (AFP)

Pakistan’s current account surplus hits 11-month high in February

Pakistan posted back-to-back current account surpluses, led by strong remittances and controlled imports, signalling improving external stability despite a year-to-date deficit.

March 18, 2026

Federal Minister for Finance Muhammad Aurangzeb speaks with Pakistan TV Digital ahead of the IMF review mission. (Pakistan TV Digital)

Pakistan confident ahead of IMF review, eyes investment-led growth

Pakistan is well-prepared for IMF reviews this week, Muhammad Aurangzeb said, with $1.2 billion funding pending. Officials report program targets on track, including fiscal, monetary, and governance benchmarks.

February 25, 2026

Pakistan defies panic as foreign investment continues to rise

For months, headlines have suggested a grim narrative stating that foreign companies were leaving Pakistan, the investment was drying up, and the confidence in the country’s markets was collapsing.

February 25, 2026

An aerial view shows stacked containers at the Shanghai Port container terminal in Shanghai on December 8, 2025. (Photo by AFP/File)

Pakistan's exports surge 35% month-on-month

The data shows that exports stood at Rs 857 billion ($3.06 billion) in January, up from Rs 635.7 billion ($2.27 billion) in December.

February 3, 2026

Fitch reaffirms Pakistan’s B- credit rating, removes review status

Also assigns Pakistan a Recovery Rating of RR4, which indicates an average level of recovery for investors in the event of a default.

January 22, 2026