Islamabad: Country's economy continues to show signs of growth momentum in the financial year 2024-25, supported by strengthened macroeconomic fundamentals, prudent fiscal management, and improved external sector performance.
According to Radio Pakistan, the Finance Ministry, in its monthly Economic Outlook Report, highlighted that real GDP grew by 2.68 percent while inflation eased steadily. The current account recorded a surplus of 1.81 billion dollars, the fiscal deficit declined, and the primary surplus reached 3.2 percent of GDP in the first ten months of the outgoing fiscal year. The upgraded credit ratings have bolstered policy credibility and investor sentiment.
The Finance Ministry reiterated the government's commitment to structural reforms, focusing on tax harmonization, energy pricing, and privatization. Additionally, the government is advancing climate action through dedicated initiatives aimed at laying the foundation for inclusive and sustainable growth.
The report also highlights federal government targets, which include cultivating 2.2 million hectares for cotton and producing 10.18 million bales for the Kharif season 2025-26.