The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan’s position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
The Ministry of Finance is a Cabinet-level ministry of the Government of Pakistan in charge of government finance, physical policy and financial regulation. It is headed by a Finance Minister, an executive or cabinet position. The Minister is responsible each year for presenting the federal government's budget to the Parliament of Pakistan.
Muhammad Ishaq Dar, is a Pakistani politician who currently serves as Foreign Minister of Pakistan and the Deputy Prime Minister of Pakistan since 2024. He previously served as Finance Minister of Pakistan from 2022 to 2023, as Leader of the House for the Senate since 2022, and as Leader of the Opposition for the Senate of Pakistan from 2012 to 2013. Dar, affiliated with the PMLN, was reelected as a senator on a technocrat seat from Islamabad in the 2024 Pakistani Senate elections. He identifies as a free-market conservative and has been associated with both economically liberal and fiscally conservative policies.
The Government of Pakistan, constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal parliamentary republic consisting of four provinces, two autonomous territories and one federal territory.
Hina Rabbani Khar is a Pakistani politician, who served as the Minister of State for Foreign Affairs since 19 April 2022 till 10 August 2023. She was previously appointed in July 2011 as the Foreign Minister of Pakistan at the age of 33, she was the youngest person and the first woman to have held the position. Khar had been a member of the National Assembly from August 2018 to August 2023.
The Ministry of Commerce ; abbreviated as MoCom), is a Cabinet-level ministry of the Government of Pakistan concerned with economic growth and commerce development and promotion in Pakistan. The administrative head of the ministry is the Commerce Secretary of Pakistan, presently Muhammad Sualeh Ahmad Faruqi. The political head, Minister of Commerce, is required to be the member of Parliament.
The Finance secretary of Pakistan is the federal secretary for the Ministry of Finance. The federal finance secretary is one of the most powerful bureaucrats in the country. Being the head of the Finance Division, the secretary plays an important part in shaping the country's economic and financial policies. The position holder is a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service. The current finance secretary is Imdadullah Bosal. The finance secretary is assisted by one Special Secretary of grade 22, six additional secretaries of grade 21 and one Special Assistant of grade 17-18, the most number of deputies any secretary has in the federal government, due to the enormous amount of workload.
The Interior Secretary of Pakistan is the Federal Secretary for the Ministry of Interior. As in-charge of the country's law and order machinery, the Interior Secretary is one of the most coveted and sensitive positions in the Government of Pakistan. The position holder is a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service.
Abdul Hafeez Sheikh is a Pakistani economist and politician who served as Federal Minister for Finance and Revenue Affairs from 11 December 2020 to 29 March 2021. Previously, he served as an advisor to Prime Minister on Finance and Revenue from April 2019 to December 2020.
The Ministry of Interior is a Cabinet-level ministry of the Government of Pakistan, tasked and primarily responsible for implementing the internal policies, state security, administration of internal affairs involving the state.
Sartaj Aziz was a Pakistani economist and strategist, who had previously served as the deputy chairman of the Planning Commission of Pakistan, member of the federal cabinet as the de facto Minister for Foreign Affairs, a Federal Senator as well as the National Security Advisor.
Asad Umar is a Former Pakistani politician who had been a member of the National Assembly of Pakistan from September 2013 till May 2018 and again from August 2018 to January 2023. He served as the Federal Minister for Planning, Development, Reforms and Special Initiatives, from 19 November 2019 to 10 April 2022.
The Education Secretary of Pakistan is the Federal Secretary for Ministry of Federal Education and Professional Training. The position is occupied by a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service.
The Ministry of Economic Affairs, is a Cabinet-level ministry of the Government of Pakistan responsible for assessing, programming and negotiations of external economic assistance concerning the government and its constituent units from foreign governments and multilateral agencies.
Tariq Bajwa is a retired Pakistani civil servant who served in BPS-22 grade as the Finance Secretary and Economic Affairs Secretary of Pakistan. Bajwa also served as the 19th Governor of the State Bank of Pakistan and the 20th Chairman of the Federal Board of Revenue. He is the only Pakistani who won the Littauer fellowship at Harvard University. He also received a master's degree in Public Administration from the same institution. Bajwa is batchmates with Shehzad Arbab, Sajjad Saleem Hotiana and Babar Yaqoob Fateh Muhammad.
The federal secretary is the highest-ranking position in the Government of Pakistan, occupied by the most senior civil servant in a specific ministry or division. The secretary is the administrative head of that ministry or division and oversees and enforces public policy matters. The authority for the creation of this post solely rests with the Cabinet of Pakistan. The position holder is a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service.
The Maritime Secretary of Pakistan, also referred to as Ports and Shipping Secretary, is the Federal Secretary for the Ministry of Maritime Affairs. The position holder is a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service. The Maritime Secretary is considered to be a coveted slot in the Government of Pakistan, with major organisations such as the Pakistan National Shipping Corporation (PNSC), Karachi Port Trust (KPT), Port Qasim Authority (PQA) and Gwadar Port Authority (GPA) as well as the country's deep sea fishing between the territorial waters base line and the outermost limits of the exclusive economic zone falling under the Secretary's purview.
The Imran Khan government was the government of Pakistan which was formed by Imran Khan following his successful election as Prime Minister of Pakistan by the National Assembly. The cabinet had 25 federal ministers, 4 ministers of state and 4 advisors, most of whom assumed office on 20 August 2018.
The first 100 days of Imran Khan's prime ministership began with his swearing-in ceremony on 18 August 2018 as the 22nd Prime Minister of Pakistan – shortly after the oath-taking of the 15th National Assembly of Pakistan on 13 August, and the elected parliament's vote of confidence for Khan's premiership on 17 August. The 100th day of his prime ministership was 25 November 2018.
Pakistan has experienced an ongoing economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen.
