Standard & Poor’s (S&P) Global has upgraded Pakistan’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing economic reforms, stronger institutions, and improved foreign reserves. The upgrade is expected to support investor confidence and strengthen Pakistan’s access to international financial markets. According to S&P Global, the rating improvement reflects sustained implementation of reforms under the […]
IMF programme Pakistan
PM Shehbaz prioritises defence, economic growth
Prime Minister Shehbaz Sharif has said that generating maximum resources and ensuring adequate funding for defence remains a top priority. He stressed that Pakistan needs stronger financial capacity to address security challenges, including terrorism. The remarks came during a meeting of the National Economic Council. Addressing the NEC, the prime minister said consultations with provinces […]
Shehbaz highlights economic cooperation at NEC
Prime Minister Shehbaz Sharif said the federal government and provinces made decisions in Pakistan’s best interest during the National Economic Council meeting. He said the consultations ensured unity on key development and fiscal priorities. The remarks come as Pakistan prepares its federal and provincial budgets for FY2026-27. Addressing the NEC, the prime minister said all […]
Remittances hit record, support Pakistan’s foreign reserves
Remittances from overseas Pakistanis exceeded three IMF tranches within one month, SBP data showed. Inflows surged sharply in December, offering strong economic relief. The development boosted confidence at the start of the New Year. The State Bank of Pakistan reported remittances between $3.06 billion and $3.6 billion in December. This marked one of the strongest […]