ISLAMABAD:
The Ministry of Finance released its monthly economic update and outlook report, indicating that the number of people going abroad for work increased by 19 percent.
According to the report, 75,663 workers registered for overseas employment in January, compared to 63,559 in January last year. The report said the outlook for economic growth had improved, citing better macroeconomic stability and reduced inflationary pressures.
The Finance Ministry also said that a Ramazan 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 5.8 percent.
However, geopolitical uncertainty and fluctuations in global commodity prices have been identified as potential risks. The balance between government revenue and expenditure has improved. The current account deficit remains under control and the rupee remained stable.
Information technology exports increased and access to cheaper financing made it easier to do business. Large-scale manufacturing recorded an improvement of 4.8 percent over the past six months.
In the first seven months of the fiscal year, remittances increased by 11.3 percent, reaching $23.2 billion from July to January. During the same period, exports declined by 5.5 percent to $8.3 billion.
