As Pakistan prepares its federal budget for year 2026-27, economists and policy experts say the government must move beyond traditional tax-heavy measures and present reforms capable of driving long-term economic growth. The upcoming budget arrives at a crucial moment for Pakistan’s economy as the country continues implementing reforms under the International Monetary Fund’s Extended Fund […]
Pakistan, IMF Review Budget Strategy as Govt Signals Tax Relief
Muhammad Aurangzeb briefed a visiting International Monetary Fund mission on Pakistan’s economic outlook, reform agenda and preparations for the upcoming federal budget as Islamabad works to sustain macroeconomic stability under its IMF-backed programme. According to a Finance Ministry statement issued on Wednesday, discussions focused on fiscal strategy, structural reforms and measures aimed at strengthening long-term […]
Local Auto Parts Production Gets Major Boost in Pakistan
Pakistan’s auto sector is gaining momentum as Indus Motor Company announced an additional Rs1 billion investment to expand local auto parts production. The move strengthens localisation efforts and promises long-term economic benefits for the country. Indus Motor Accelerates Localisation Drive Indus Motor Company has approved fresh funding to scale up domestic manufacturing of vehicle components. […]
Pakistan’s Freelancers Shine Globally as Earnings Hit $856 Million With 50% Surge
Pakistan’s freelance sector has recorded a strong surge in earnings, bringing in $856 million during the first nine months of the current fiscal year, reflecting a 50% increase compared to the same period last year, according to official data. The sharp rise highlights the growing importance of freelancing as a key contributor to Pakistan’s digital […]
Islamabad to Host First-Ever EU-Pakistan Business Forum in Major Investment Push
Islamabad is set to host the first-ever high-level European Union–Pakistan Business Forum later this month, bringing together policymakers, investors and business leaders from both sides in a major push to deepen economic cooperation and unlock new investment opportunities. The two-day forum, scheduled for April 28 and 29 in Islamabad, is being organised with the support […]