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    Pakistan budget raises defence spending, cuts development expenditure to meet IMF goals

    Pakistan budget raises defence spending, cuts development expenditure to meet IMF goals

    12 Jun 2026

    Tariq Butt, Correspondent / Reuters Pakistan proposed an ‌Rs18.8 trillion ($67.49 billion) budget on ‌Friday, raising defence spending, limiting development expenditure and setting a steep tax target as the...

    Pakistan's finance minister says economy grows 3.7% in FY26, remittances to cross $41b

    Pakistan's finance minister says economy grows 3.7% in FY26, remittances to cross $41b

    11 Jun 2026

    Finance Minister Muhammad Aurangzeb announced on Thursday that the size of Pakistan’s economy has risen above $452 billion, with per capita income increasing 9% to $1,901, as he unveiled...

    Pakistan's PM Shahbaz launches 'Apna Ghar Scheme' for low-income citizens

    Pakistan's PM Shahbaz launches 'Apna Ghar Scheme' for low-income citizens

    30 Apr 2026

    Prime Minister Shahbaz Sharif has launched a landmark five-year Rs321 billion housing programme, aimed at funding the construction of 500,000 homes nationwide, with a vision to provide affordable shelter...

    Pakistan announces free public transport as energy crisis bites

    Pakistan announces free public transport as energy crisis bites

    04 Apr 2026

    State-run public transport in Pakistan's capital and most populous province will be free for the coming month, officials said Friday, after the government drastically raised fuel prices due to...

    Pakistan’s economy is on path to long-term recovery, says PM Shahbaz

    Pakistan’s economy is on path to long-term recovery, says PM Shahbaz

    12 Feb 2025

    Tariq Butt, Correspondent / Reuters Pakistan’s economy is on a path to long-term recovery, thanks to a stabilisation programme backed by the International Monetary Fund (IMF), Prime Minister Shahbaz...

    Pakistan to raise up to $1b through international bonds in FY25

    Pakistan to raise up to $1b through international bonds in FY25

    13 Jun 2024

    Pakistan plans to raise up to $1 billion through international bonds in the 2025/26 fiscal year, Finance Minister Muhammad Aurangzeb told Reuters, adding that up to $300 million will...

    Pakistan sets ambitious Rs13 trillion revenue target in new budget

    Pakistan sets ambitious Rs13 trillion revenue target in new budget

    12 Jun 2024

    Pakistan has set a challenging tax revenue target of Rs13 trillion ($46.66 billion) for the year starting July 1, a near 40% jump from the current year, to strengthen...

    Pakistan-Iran trade volume ‘unacceptable,’ to be increased to $10b, says President Raisi

    Pakistan-Iran trade volume ‘unacceptable,’ to be increased to $10b, says President Raisi

    22 Apr 2024

    Tehran and Islamabad have decided to increase the trade volume between the two countries to $10 billion, Iranian President Ebrahim Raisi said on Monday, adding that the existing volume...

    Pakistan unveils $51b budget, approves up to 35% raise in wages of government employees

    Pakistan unveils $51b budget, approves up to 35% raise in wages of government employees

    09 Jun 2023

    Tariq Butt / Agencies Pakistan's federal government unveiled a Rs14.5 trillion (around $50.5 billion) budget on Friday, with over half set aside to service Rs7.3 trillion of debt. Pakistan's...

    Pakistan to take fiscal measures set by IMF to meet budgetary targets: Minister

    Pakistan to take fiscal measures set by IMF to meet budgetary targets: Minister

    11 Jan 2023

    Pakistan will take fiscal measures set by the International Monetary Fund (IMF) to meet its budgetary targets for the 2022-23 financial year, Finance Minister Ishaq Dar said on Wednesday....

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