Pakistan’s circular debt in the energy sector has climbed to Rs5,206 billion, highlighting continued financial stress in the country’s power and gas systems, according to the latest figures cited in an International Monetary Fund (IMF) report. Read More: Power sector circular debt edges up despite payments The report shows that the total circular debt includes Rs3,442 […]

Pakistan’s Finance Minister Muhammad Aurangzeb has said the country’s economy is showing signs of recovery, expressing optimism that gross domestic product (GDP) growth could reach around 4 per cent in the current fiscal year. Read More: IMF lowers Pakistan GDP growth forecast to 3.2% Speaking at the EU-Pakistan Business Forum in Islamabad, the minister highlighted improving macroeconomic […]

Pakistan's Finance Minister Muhammad Aurangzeb is seeking early approval for the next IMF tranche, with a delegation visiting next month. Discussions also covered global economic impacts and financial sector reforms.

Finance Minister Mohammad Aurangzeb met a high-level US delegation led by Deputy Assistant Secretary John Mark on Wednesday to discuss Pakistan’s economic reforms, investment climate, and progress in bilateral cooperation valued at Rs10 million. The meeting focused on Pakistan’s macroeconomic stability, fiscal reforms, and ongoing initiatives to boost investor confidence. Minister Aurangzeb…