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Banking sector shows steady performance

The banking sector of Pakistan has demonstrated steady performance with key financial soundness indicators pointing to stability in capital adequacy, earnings, and asset quality. Economic Survey of Pakistan for the year 2025-26 also highlighted that the financial sector has maintained resilience amid broader economic pressures, underscoring gradual improvements in overall banking sector fundame

Pakistan to announce FY2026-27 budget today

Pakistan’s budget for the next financial year 2026-27 will be presented today (Friday) at National Assembly. Finance Minister Muhammad Aurangzeb will present the budget. The government had earlier indicated that the budget would be presented on June 10 after revising the schedule from its initial plan. The upcoming budget is expected to outline the government’s fiscal priorities, revenue me

IT exports fetch USD3.38bn in July-March

Pakistan’s IT sector emerged as a key source of foreign exchange in FY2026, with ICT export remittances increasing by 19.7 percent to USD 3.38 billion during July-March, compared with USD 2.83 billion in the same period last year, according to the Economic Survey of Pakistan 2025-26 released on Thursday. The country also formally moved toward the 5G era through a spectrum auction worth around U

Net exports remain negative

The Economic Survey 2025-26 has revealed that Pakistan’s net exports remained negative, underscoring the persistent need to strengthen export capacity and diversify the country’s export base. According to the survey, trade openness—measured as the ratio of exports and imports to GDP—stood at around 30 percent, indicating significant potential for deeper integration into global markets. The e

Economic Survey: Pakistan misses GDP growth target as IMF talks continue

Pakistan’s economy grew 3.7% in FY2025-26, missing the government’s 4.2% target announced in last year’s budget, the Economic Survey 2025-26 showed. Finance Minister Muhammad Aurangzeb released the report on Thursday, a day before the federal budget. Asked about an International Monetary Fund (IMF) agreement on budgetary targets, the finance minister said discussions were continuing. “We are