Pakistan has announced an 18% increase in its defence budget for the fiscal year 2025-26, raising the allocation to over Rs 2.5 trillion. This decision comes amid ongoing negotiations with the International Monetary Fund (IMF), which has expressed concerns over the country’s fiscal

Amid escalating military conflict with India, Pakistan’s government has issued an urgent appeal to international partners for financial assistance, citing heavy losses inflicted by what it referred to as the “enemy.” In a statement shared on social media by the Economic Affairs Division, the government acknowledged the severe toll that the war has taken on […]

China has extended the repayment period of a $2.4 billion loan to Pakistan by two years, offering critical financial relief as the country navigates ongoing economic difficulties.

Pakistan is grappling with a deepening economic crisis as inflation continues to soar, impacting households and businesses alike. Recent data reveals that the inflation rate has reached record highs, further burdening a populace already struggling with high living costs. The country’s economic challenges are raising concerns over its commitments to the International