The debate on the economic structure and its consequences for the balance-of-payments crisis has become ever more prevalent as imports start increasing, subsequently leading to a higher trade deficit. Policymakers often start to panic as calls are made to curtail imports. Several key studies on the topic have highlighted low productivity, the inability to accumulate knowledge and generate the n
Despite recent stabilisation efforts, Pakistan's economic outlook remains constrained by a persistent structural weakness: limited and narrowly based exports. For an economy of over 250 million people, reliance on remittances and episodic capital inflows cannot substitute for a durable export-led growth model. Sustained improvements in productivity, employment, and external balance require a syste
Inflation in Pakistan has shown notable moderation in the early months of FY26, offering policymakers a degree of relief after several years of severe price instability. According to official data, headline inflation has remained within the State Bank of Pakistan's (SBP) medium-term target range of 5-7% during July-November FY26. This marks a significant departure from the double-digit inflatio
Last week's launch of a wide-ranging regulatory reform initiative may prove to be one of the most consequential economic reforms in decades. This is not about marginal adjustments. It marks a fundamental shift in how the state views its role, from controlling economic activity to enabling it. If carried through with seriousness and vigour, these reforms could unlock investment, create jobs, and pl
Pakistan and Iran on Sunday reiterated their commitment to deepening bilateral cooperation in trade, connectivity and other areas, while also pledging to work together for regional peace, the Foreign Office said. Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephone conversation with his Iranian counterpart, Seyyed Abbas Araghchi, during which the two leaders exchanged views on