IMF has concluded its latest mission to Pakistan after securing commitments from Islamabad to maintain strict fiscal discipline and achieve a primary budget surplus target of 2% of gross domestic product in fiscal year 2027-28. The IMF delegation, led by advisor Iva Petrova, visited Islamabad from May 13 to May 20 for talks with officials […]
No Impact Yet: Pakistan’s Remittances Hold Firm Amid Middle East War
Pakistan’s overseas remittances remained resilient in March despite the escalating conflict in the Middle East, offering a measure of stability to an economy already under pressure from rising fuel costs and external financing challenges. Data released by the State Bank of Pakistan showed that workers’ remittances stood at around $3.8 billion in March, reflecting continued […]
Is the State Bank About to Raise Rates? What It Means for the Public and Investors
The State Bank of Pakistan’s next monetary policy decision is drawing unusual attention as markets weigh the risk of a rate hike if external financing pressure worsens and inflation stays elevated. The immediate trigger is a combination of rising oil prices, a heavier April debt repayment schedule and uncertainty over the timing of the next […]