Pakistan Economy Update: Foreign Reserves Rise 52% to $21.5 Billion | DQ News

Pakistan reported improvements across several economic indicators during the first quarter of fiscal year 2026–27, according to Federal Adviser Khurram Shehzad. Foreign exchange reserves reportedly increased by 52% to $21.5 billion, while exports rose 11% to $11.2 billion and remittances grew 14% to $10.9 billion. IT exports increased 18%, and freelancer earnings climbed 46% to $550 million. Federal tax collection reached Rs3.1 trillion, up 7%. Pakistan also expects $1.2 billion in additional financing following an IMF staff-level agreement, subject to board approval. These figures were presented as part of the government's first-quarter economic performance review.

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