Agriculture grows 2.89% despite devastating floods

Crop sector recovers from 1.01% contraction to 1.44% growth; livestock now 14.6% of GDP A farmer ploughs his field with bulls in Perowal as rising fuel prices and increasing agricultural costs force small growers to return to traditional farming methods. Photo: Express LAHORE: Pakistan’s agriculture sector has demonstrated notable resilience in 2025-26, recording growth of…

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Poverty rises to 28.9% despite economic recovery

Rural poverty at 36.2% more than double urban rate of 17.4%; income inequality widens Siblings walk along a railway tracks at a slum area in Karachi on Pakistan July 9, 2020. Photo: Reuters Pakistan’s poverty rate has climbed to 28.9% despite signs of economic recovery and improved macroeconomic stability, highlighting the disconnect between headline growth…

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FO rejects Indian claims on AJK, urges focus on Kashmir issue

Says situation in AJK being addressed within a democratic and constitutional framework Foreign Office spokesperson Tahir Andrabi speaking at the Foreign Office’s weekly press briefing. SCREENGRAB The Foreign Office Spokesperson Tahir Andrabi on Thursday termed the statement by the Indian minister on blocking water to Pakistan as “deeply irresponsible” and warned that any deliberate attempt…

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Power capacity jumps 8.5% to 49,651MW

Solar panel. Photo: ANADOLU AGENCY ISLAMABAD: The installed capacity of electricity jumped to 49,651 MW, reflecting an 8.5% increase mainly due to the addition of power through solar net metering, according to data from the Economic Survey 2025-26 released on Thursday by the Economic Adviser’s Wing of the Finance Division and unveiled by Finance Minister…

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China renews call on US, Iran to halt fighting, return to dialogue

Military conflict to only ‘escalate the situation,’ Chinese Foreign Ministry says Chinese Foreign Ministry’s spokesperson Lin Jian. PHOTO: REUTERS China on Thursday renewed its call for the US and Iran to halt fighting and return to dialogue. Beijing is “gravely” concerned about the situation, Foreign Ministry spokesperson Lin Jian told reporters. Military conflict will only…

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First deep conversion refinery planned in Hub

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a meeting with a delegation of SPEC Refinery (Pvt) Ltd, led by its Chairman Zafar Sheikh, to discuss the development of Pakistan’s first Deep Conversion Greenfield Refinery Project planned in Hub, Balochistan. The delegation briefed the minister on the project’s progress and highlighted its strategic importance…

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Finance minister presents Economic Survey 2025-26 ahead of budget

Finance Minister Muhammad Aurangzeb is presenting the Pakistan Economic Survey, outlining key economic indicators ahead of the federal budget announcement. Aurangzeb said the Economic Survey was an important document, but it also told the story of the past year, adding that the country faced economic uncertainty during the previous year, followed by floods and subsequent rescue…

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Indus Treaty suspension raises global concerns

Minister warns of rising unilateralism as Spain envoy discusses climate, energy cooperation ISLAMABAD: Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik has warned that the international system is moving from multilateralism towards increasing unilateralism, citing the suspension of the Indus Waters Treaty as a troubling precedent for rules-based cooperation. He made the…

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