ISLAMABAD:
The Ministry of Finance published its Monthly Economic Update and Outlook Report, stating that the number of people traveling abroad in search of employment has increased by 19 percent.
According to the report, 75,663 workers registered to work abroad in January, compared to 63,559 in January last year. The report says economic growth prospects have improved, citing greater macroeconomic stability and lower inflationary pressures.
The Ministry of Finance also stated that a Ramadan relief package of Rs 38 billion has been provided to the public. Inflation is expected to remain between 6 and 7 percent this month. In January 2026, the inflation rate was recorded at 5.8 percent.
However, geopolitical uncertainty and fluctuations in global commodity prices have been identified as potential risks. He said the balance between government revenue and expenditure has improved. The current account deficit remains under control and the rupee has remained stable.
IT exports have increased and access to cheaper finance has made doing business easier. Large-scale manufacturing recorded an improvement of 4.8 percent in the last six months.
During the first seven months of the fiscal year, remittances increased 11.3 percent, reaching $23.2 billion from July to January. During the same period, exports decreased 5.5 percent to $8.3 billion.
