ADB sees Pakistan economy growing 3.7 percent in FY2027
External borrowing rose 23.6 percent to $1.70 billion in the first two months, Express News reported.
The Asian Development Bank (ADB) expects Pakistan's economy to grow by up to 3.7 percent in fiscal year 2027, continuing an improving trend, according to a report published by UrduPoint.
Separately, Express News reported that Pakistan's external borrowing rose 23.6 percent to $1.70 billion in the first two months, July and August, of fiscal year 2026-27, compared with $1.37 billion in the same period last year. In rupee terms, the federal government received loans equivalent to Rs476 billion, up from Rs391 billion.
The Express report said project financing amounted to $484.5 million while non-project assistance was $1.21 billion. Multilateral institutions provided more than $590 million, including $191.2 million from the Islamic Development Bank and $238.4 million from the World Bank. The report also named the Asian Development Bank among lenders.
Bilateral flows totaled $35.2 million, with Germany providing $12.8 million and Saudi Arabia $8.9 million. China had not released any financial assistance so far this fiscal year, the report said. Pakistan also received $629.7 million through Naya Pakistan Certificates and $300 million from foreign commercial banks.
ECP sets ward delimitation for Quetta and Kharian cantonment boards
Quetta moves from Class-II to Class-I and Kharian from Class-III to Class-II, with 10 wards fixed in Quetta and five in Kharian under notifications issued on 29 October.
Information ministry blames Kabul inaction for strained Pakistan-Afghanistan ties
The ministry rejected a Taliban spokesperson's account of the dispute, saying cross-border militancy remains the biggest obstacle to normal relations between the neighbours.
Tarar proposes national council on cyber security and digital literacy
The information minister used the PTA's Cyber Security Awareness Week to float a coordinating body and to call for digital literacy in school curricula.
Health minister says barcode scan will flag fake medicines from November
Mustafa Kamal told the National Assembly that hospitals will also have to buy all vaccines from Pakistan's own funds by 2030, at a cost of about $1.2 billion.