Iran’s foreign minister warns US of rising economic costs from ‘war of choice’
Pezeshkian expresses appreciation to Pope Leo for his ‘moral and logical stance on military aggressions against Iran’ Iran’s Foreign Minister Abbas Araghchi looks on after he delivered a speech during a session of the United Nations Conference on Disarmament, on the sideline of a second round of US-Iranian talks with Washington in Geneva, on February […]
PM Shehbaz calls for efforts to turn Pakistan into an ‘economic power’ – Pakistan
Prime Minister Shehbaz Sharif said on Thursday just as Pakistan had emerged as a nuclear power, efforts were now needed to turn it into an economic power. The premier expressed these views while addressing a federal cabinet meeting in Islamabad, where he also spoke about May 28. On May 28, 1998, Pakistan joined the ranks […]
PM Shehbaz says efforts now needed to turn Pakistan into an ‘economic power’ – Pakistan
Prime Minister Shehbaz Sharif said on Thursday just as Pakistan had emerged as a nuclear power, efforts were now needed to turn it into an economic power. The premier expressed these views while addressing a federal cabinet meeting in Islamabad, where he also spoke about May 28. On May 28, 1998, Pakistan joined the ranks […]
Senators decry hike in petroleum prices, accuse govt of ‘economic oppression’ – Pakistan
ISLAMABAD: Senators on Monday decried the latest hike in petroleum prices and costly energy, accusing the government of “economic oppression” and calling for an exit from the International Monetary Fund (IMF) programme. PTI’s parliamentary leader in the Senate, Barrister Syed Ali Zafar, termed the fresh hike in petroleum prices a “petrol bomb” and “economic oppression” […]
Foreign economic assistance inflows rise nearly 20pc – Newspaper
ISLAMABAD: Foreign economic assistance (FEA) inflows to Pakistan surged by almost 20 per cent to $6.594bn in the first three quarters (July-March) of the current fiscal year, mainly on the back of programme support from the International Monetary Fund (IMF). Total inflows (excluding IMF disbursements), comprising both loans and grants, amounted to $6.594bn during the […]
Finmin says economic recovery remains intact amid regional conflict, assures uninterrupted fuel supply – Pakistan
Minister for Finance and Revenue Senator Muhammad Aurangzeb on Saturday said Pakistan’s economy continued to show signs of recovery despite ongoing regional tensions, citing strong growth in large-scale manufacturing, exports, remittances and foreign investment inflows. Addressing a news conference alongside Minister for Petroleum Ali Pervaiz Malik, the finance minister said the country’s large-scale manufacturing (LSM) […]
Iran can endure US blockade for months without major economic crisis: Report
Iran’s oil output is falling under blockade pressure, and storage may run out within two months A banner with a picture of Iran’s new Supreme Leader, Mojtaba Khamenei, next to a symbolic classroom of the Minab school students who were killed in a strike, in Tehran, Iran, May 8, 2026. PHOTO: REUTERS The United States’ […]
Finance ministry, SBP show optimism over economic growth amid expected $1.2bn tranche from IMF – Business
ISLAMABAD: The Ministry of Finance and the State Bank of Pakistan (SBP) on Thursday showed unanimous optimism over economic growth and achieving fiscal and current account targets despite the regional crisis. The development comes amid anticipated approval of disbursements worth over $1.2bn by the International Monetary Fund (IMF) on Friday and the scheduled visit of […]
PTI accuses govt of ‘unprecedented economic crisis’, slams claims of stability – Pakistan
ISLAMABAD: PTI accused the government on Monday of driving Pakistan into an “unprecedented economic and governance crisis” that has “crushed the common man”. In a statement, PTI’s Information Secretary Sheikh Waqas Akram stated that the “stability” claimed by the government was nothing but a “cruel joke on 250 million Pakistanis”. Akram said that after four […]
Oil spike threatens Pakistan’s economic growth – Pakistan
• Analysts say inflation may exceed 11pc, CAD could rise above $8bn• GDP expansion may slow to 2.5-3.0pc in FY27 KARACHI: Pakistan’s inflation is likely to remain in double digits if the surge in oil prices persists amid the unresolved Middle East conflict, analysts warned, adding that rising costs and disrupted imports are already straining […]