India and Pakistan share borders, history, and often hostilities—but when it comes to economic performance and fiscal planning, they live in two starkly different worlds. As Pakistan unveils its ...

ISLAMABAD (Reuters) -Pakistan has set a challenging tax revenue target of 13 trillion rupees ($46.66 billion) for the year starting July 1, a near 40% jump from the current year, in its national ...

JS Investments Limited, one of Pakistan’s leading asset management and pension fund management companies, announced key ...

Pakistan's FY2025-26 budget cuts development by 50% while increasing defense spending by 20%, reflecting military interests amidst economic challenges. According to a recent World Bank report, the ...

Pakistan's National Economic Council (NEC), chaired by Prime Minister Shehbaz Sharif, has approved the Rs 4,224 billion national development budget along with a 4.2 per cent gross domestic product ...

Pakistan has announced a sharp 20 per cent increase in its defence budget for the fiscal year 2025–26, setting aside PRs 2,550 billion (approximately USD 9 billion). The decision comes just weeks ...

After a long struggle, Pakistan is finally set to receive a USD 1 billion loan from the International Monetary Fund (IMF). For quite some time now, Pakistan has been depending heavily on loans from ...

It should come as no surprise that the release of Pakistan’s federal budget on June 5 went unremarked in Washington. Nevertheless, Pakistan’s budget—particularly its defense budget— will quietly ...