Pakistan Pakistan Economy Updates

[Fatman17]

Transporters’ strike: USD500m worth of export containers stuck at factories: PTEA

ISLAMABAD: The Patron in chief of the Pakistan Textile Exporters Association (PTEA) Khurram MUKHTAR has issued an...

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[Fatman17]

Petroleum levy collection hits record Rs1.57tr

Cost of running civil govt rises 16pc, crosses Rs1tr for first time; fiscal deficit shrinks to 2.6pc on the back of provincial surpluses, lower interest bill.

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[Fatman17]

S&P: Pakistan may see more rating upgrades with deficit <3% - Profit by Pakistan Today

Political stability drove July's upgrade to 'B', the highest since 2016, but investment grade remains "multiple notches away", which needs stronger institutions with sustained annual growth of 4-5% or more, says Yee Farn Phua, Director of Sovereign Credit Ratings

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[Fatman17]

Pakistan external debt and liabilities hit $138.85bn - Profit by Pakistan Today

Public debt makes up 76.89% of the total, as government's own external debt rises 5.79% to $87.03bn

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[Fatman17]

‘Mineral Corridor’: from mines to manufacturing—I

This is Part I of a multi-part “The Mineral Corridor” series, examines Pakistan’s mineral opportunity and the...

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Pakistan stands at a critical moment in its economic transformation. While the global economy enters a new era of critical mineral demand, the country has an opportunity to convert its geological resources into industrial capability. The real question is not whether Pakistan possesses mineral wealth, but whether it can transform those resources into value-added industries, exports and long-term economic growth.

 

[Fatman17]

Growers suffer as tobacco prices crash

Traders offer Rs350 per kg against official rate of Rs740.

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[Fatman17]

Pakistan external debt and liabilities hit $138.85bn - Profit by Pakistan Today

Public debt makes up 76.89% of the total, as government's own external debt rises 5.79% to $87.03bn

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[Fatman17]

Circular debt jumps by Rs364b | The Express Tribune

Circular debt jumps by Rs364b

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Power sector inefficiency, lower recoveries, payment rows fuel debt spike

 

[Fatman17]

Pakistan’s petroleum exports reached an all-time high of $939 million in FY26, increasing 3.9 percent from $903 million in FY25, as lower domestic furnace oil (FO) demand and a shift toward low-sulphur petroleum products supported export growth.

Pakistan’s Petroleum Exports Hit All-Time High in FY26

Pakistan’s petroleum exports reached an all-time high of $939 million in FY26, increasing 3.9 percent from $903 million in FY25, as lower domestic furnace

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[Fatman17]

WHY CASH REFUSES TO DIE IN PAKISTAN

Pakistan’s digital payments revolution is real, but so is the country’s stubborn dependence on cash. As money increasingly enters

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If you took a trip to a livestock market this past Eidul Azha, you could see Pakistan’s cash paradox performing itself live.

On one side, a bank kiosk with a QR code taped to a pole and some digital transactions happening. A few feet away, a bigger deal closing the old way: a purchaser counting out bundles of Rs5,000 notes, folding them into a plastic bag — no camera, no receipt, no trace. Both transactions were real and both continue to grow. This is the puzzle that this article shall attempt to solve.

 

[Fatman17]

WHY CASH REFUSES TO DIE IN PAKISTAN

Pakistan’s digital payments revolution is real, but so is the country’s stubborn dependence on cash. As money increasingly enters

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If you took a trip to a livestock market this past Eidul Azha, you could see Pakistan’s cash paradox performing itself live.

On one side, a bank kiosk with a QR code taped to a pole and some digital transactions happening. A few feet away, a bigger deal closing the old way: a purchaser counting out bundles of Rs5,000 notes, folding them into a plastic bag — no camera, no receipt, no trace. Both transactions were real and both continue to grow. This is the puzzle that this article shall attempt to solve.

Pakistan’s digital payments revolution is real, but so is the country’s stubborn dependence on cash. As money increasingly enters the financial system digitally, only to be withdrawn again for settlements, the real challenge lies not with consumers scanning QR codes but with the wholesalers, distributors and property markets, where the country’s biggest transactions still happen in cash…

The above sectors don't pay their taxes hence the dependence on cash...

 

[Fatman17]

Waiting for a miracle to happen is an old practice of Pakistan’s power elite. Every few years, the ruling establishment constructs a new narrative of hope: that a breakthrough is just around the corner, prosperity is waiting beyond the horizon, and Pakistan need only remain patient for the miracle to unfold. This habit of looking abroad for transformation dates back to the country’s inception, when its leadership placed its hopes in the US, joined Seato and Cento, and became a Western defence and security partner alongside Iran. Pakistan’s dreams of geopolitical influence and economic gains through its defence partnership with the US have been shattered repeatedly. Yet, its power elites have repeatedly restored their optimism and embraced new partnerships, expecting external allies to increase the country’s strategic weight and generate financial inflows.

Endless wait for a miracle

Pakistanis have been conditioned to look outward for a change in their fate.

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