Trade deficit climbs to $26.27 billion in FY25 amid rising imports
Pakistan’s trade deficit widened in the fiscal year 2024–25, increasing by 9% to reach $26.27 billion, as per new figures released by the Pakistan Bureau of…
Browsing Category
Business
Updates on Pakistan’s economy, trade, markets, finance, entrepreneurship, and global business trends
Pakistan’s wealth divide clear as 7 in 10 bank accounts hold under Rs50,000
KARACHI – The State Bank of Pakistan’s latest data paints a stark picture of financial inequality in the country: over 70% of all bank accounts nationwide…
Mobile phone imports decline sharply as Pakistan pushes for export-led growth
Pakistan’s mobile phone imports dropped significantly over the past eleven months, totaling $1.36 billion — a sharp decline of 16.31% from the $1.62 billion…
Trade Development Authority of Pakistan to Represent Country at Ambiente Frankfurt 2026
Ambiente Frankfurt 2026, the world’s leading international trade fair for consumer goods, is set to return from 06 to 10 February 2026 at Messe Frankfurt,…
Parliament approves sweeping fiscal plan for 2025-26 amid debate over tax reforms and social impact
In a closely watched session on Thursday, Pakistan’s National Assembly approved the much-anticipated federal budget for the 2025-26 fiscal year. The Finance…
PPP backs federal budget after income tax exemption and BISP hike
The Pakistan Peoples Party (PPP) has thrown its weight behind the federal budget for 2025–26 after reaching a critical agreement with the government on tax…
Banks throw support behind budget and reforms, giving Pakistan’s economy a boost
It’s not every day that you see the banking sector throw its full weight behind a government budget—but that’s exactly what just happened. The Pakistan Banks…
China to give Pakistan two-year break on $1.8 billion in debt repayments
China is stepping in to help ease some of Pakistan’s financial pressure by agreeing to reschedule $1.8 billion in loans over the next two years. While that’s…
Pakistan gears up for Automechanika Dubai 2025 with TDAP-led delegation
Get ready — Pakistan is heading to one of the biggest automotive trade shows in the world! The Trade Development Authority of Pakistan (TDAP) is organizing the…
Pakistan and US getting closer to a trade deal, say finance officials
Pakistan’s Finance Minister Muhammad Aurangzeb and US Commerce Secretary Howard Lutnick met virtually on June 24 to push forward trade talks — and it looks like…