Research
IMF urges faster fiscal action as debt and borrowing costs rise
Fund warns delaying adjustment will increase interest burdens, deepen fiscal vulnerabilities and leave governments with fewer policy options
Oct 14, 2026
Oct 14, 2026
Fund warns delaying adjustment will increase interest burdens, deepen fiscal vulnerabilities and leave governments with fewer policy options
Inflation is projected to rise to 4.7% before easing in 2027, while energy importers outside the technology value chain face the toughest conditions
October outlook sees growth recovering to 3.4% in 2027, while energy importers with limited exposure to the technology boom face the toughest conditions
Pakistan raised PKR 3.14 trillion through sovereign sukuk in FY26 as Islamic mutual funds outnumbered conventional funds for the first time, SECP says
Uncertain Qatari deliveries, costly spot cargoes and limited scope to raise domestic production could force gas load management during peak winter demand
Excluding Fasset, early-stage funding remains scarce at just USD 6.7 million as PSX emerges as a new exit route
Poverty increased after repeated economic and climate shocks, while higher fuel costs and regional disruption are putting further pressure on household incomes
Higher prices and lower finance costs lifted listed pharmaceutical companies’ earnings, while sector sales increased 10% to PKR 377.9 billion
SECMC’s Phase III expansion could lower LEPCL’s generation cost, boost plant utilization and raise returns for investors in the power plant and coal mine
Institute says USD 41.59 billion in fiscal year 2025-26 inflows strengthened external stability but cannot substitute for exports, investment and broader foreign-exchange earnings
Nine-month urea offtakes rise 4% while DAP sales fall 3%, with Engro and Fauji Fertilizer expected to report higher third-quarter earnings
Industry volumes rise 6% in the first quarter of FY2027, while PSO sales climb 12% in September and 18% during the quarter
Adding 30,000 range-extended electric vehicles annually over five years could displace 1.2 billion litres of petrol
Higher electricity and fuel costs are set to drive September price pressures even as Pakistan inflation forecasts point to a softer annual CPI reading
Resilient US and eurozone activity and stronger Korean growth lift Fitch’s outlook, while tighter monetary policy pushes real interest rates higher
The budget targets a 3.6% fiscal deficit as FBR collections are set to rise 17.6%, while defense and interest costs increase, ADB says
Private investment and IT exports are expected to support activity, but higher energy costs, import pressures and Middle East risks cloud Pakistan’s outlook
Sharia scholars remain split on crypto compliance, and most rated Islamic banks have yet to build material revenue from digital-asset trading, Fitch says
The institute says petroleum shocks can feed inflation for three to nine months and wants future rate cuts tied to easing core inflation and a stable rupee
A new FATF report warns that hawala and underground banking networks are increasingly exploited for money laundering, citing an Oman-Pakistan case.
