ISLAMABAD: Pakistan’s remittances reached $10.9 billion in the first quarter of fiscal year 2026-27, marking a 14 percentage increase year-on-year, according to the Finance Ministry’s monthly economic outlook report.
Remittances in September 2026 rose 12.7 percentage year-on-year to $3.6 billion, the report said.
Exports increased 7.7 percentage to $8.5 billion during the first quarter, while September exports rose 15.5 percentage to $3 billion. Imports stood at $17.8 billion in the first quarter, up 14.1 percentage year-on-year. In September, imports increased 22.7 percentage to $6.2 billion.
Foreign direct investment (FDI) reached $719.7 million during the first quarter, registering a 19.9 percentage annual increase. FDI in September stood at $219.5 million.
The State Bank of Pakistan’s foreign exchange reserves were recorded at $21.5 billion in October 2026. The rupee was valued at Rs278.6 against the US dollar on October 28, according to the report.
The Federal Board of Revenue (FBR) collected Rs3,286 billion in taxes during the first quarter, while September collections stood at Rs1,363 billion, up 11.5 percentage year-on-year.
Federal non-tax revenue reached Rs2,935 billion during the first quarter. The government recorded a fiscal deficit of Rs1,971 billion, while the primary budget surplus stood at Rs2,113 billion.
Agricultural lending reached Rs540.5 billion during the first quarter, registering a 32.7 percentage increase compared with the same period last year.
The policy rate stood at 12 percentage on October 26, 2026. Inflation during the first quarter of fiscal year 2026-27 was recorded at 10.2 percentage, while the September inflation rate rose to 10.3 percentage, compared with 5.8 percentage in the same month last year.
Large-scale manufacturing output increased by 1.85 percentage during the first quarter. In August 2026, its growth rate stood at 0.67 percentage, according to the report.
The Pakistan Stock Exchange’s index stood at 165,736 points on October 28, up 3.52 percentage compared with October last year. Market capitalisation in October 2026 was recorded at Rs18.33 trillion, equivalent to $66.22 billion.
The number of newly registered companies reached 15,440 during the first quarter of fiscal year 2026-27, marking a 37.3 percentage increase compared with the same period last year.
