Economy

Government outlines 6- to 18-month overhaul of procurement, regulation and fiscal governance to secure IMF support

Report says governance and anti-corruption reforms could lift country’s GDP by up to 6.5%

Output falls sharply from September and stays below NEPRA forecasts, with rising distributed solar and seasonal demand shaping the decline

The new risk-participation agreement doubles a 2022 facility, aiming to boost foreign exchange inflows and expand working capital for major firms

Total foreign investment plunges 82% to $209 million as weak inflows and rising outflows underscore lingering investor uncertainty

Despite several rounds of talks mediated by Turkey and Qatar, no breakthrough has been reached to reopen key border crossings

Last year, the current account deficit stood at $206 million. This year, it stands at $733 million

Deputy Prime Minister Ishaq Dar says ministries must fully support efforts to fast-track privatization as Pakistan reviews its reform agenda

Higher non-tax revenues, including central bank profits, drive surplus equal to 1.6% of GDP, though analysts warn sustainability remains uncertain

Once the reviews are approved, Pakistan will receive $1 billion under the EFF and $200 million under the RSF