Minister for Planning Ahsan Iqbal chairs a consultative assembly in Islamabad on producing two landmark historic internet sequence on Quaid-e-Azam Muhammad Ali Jinnah and Allama Muhammad Iqbal. SCREENGRAB
ISLAMABAD:
Federal Minister for Planning, Growth and Particular Initiatives Ahsan Iqbal mentioned Pakistan’s financial system has proven indicators of stabilisation and is steadily shifting towards restoration in the course of the first eight months of fiscal 12 months 2025-26.
Presenting the Month-to-month Growth Replace for February 2026, the minister mentioned the bettering tendencies mirrored the affect of coordinated macroeconomic administration geared toward restoring financial stability and sustaining development.
In accordance with the replace, worth stability remained a key precedence of the federal government, with common conferences of the Nationwide Value Monitoring Committee guaranteeing the availability of important commodities throughout the nation. Common inflation eased to five.5% throughout July-February FY202-26 in comparison with 5.9% throughout the identical interval final 12 months, whereas inflation in February 2026 stood at 7.0%.
Costs of a number of important meals objects declined in the course of the interval, together with eggs by 22.4%, hen by 20.0% and potatoes by 16%. Nonetheless, the minister cautioned that tensions within the Center East and developments in international vitality markets might pose dangers for home inflation.
Iqbal famous that the area was at the moment going through a significant oil disaster affecting each developed and growing economies. He mentioned the approaching months would decide how a lot oil costs may rise and urged residents to undertake accountable consumption practices by avoiding pointless journey and utilizing fewer autos the place potential.
The Massive-Scale Manufacturing (LSM) sector additionally recorded enchancment, posting 4.8% year-on-year development throughout July-December FY2025-26. Fourteen out of twenty-two sectors recorded constructive development, together with vehicles (67.2%), non-metallic mineral merchandise (10.5%), drinks (5.4%), carrying attire (7.5%), meals (0.6%), textile (1.5%) and tobacco (8.7%).
Tax collections reached Rs8.1 trillion throughout July-February FY2025-26 in contrast with Rs7.3 trillion in the identical interval final 12 months. Remittances from abroad Pakistanis elevated by 11.3% to $23.2 billion throughout July-January FY2026, in comparison with $20.9 billion throughout the identical interval final 12 months.
