Pakistan’s economy has shown modest signs of recovery, with GDP and per capita income increasing in dollar terms during fiscal year 2025–26, according to the government. Officials said the improvement reflects a gradual rebound in overall economic output compared to the previous year. However, growth remains below earlier projections, indicating continued economic pressure. The National […]
National Accounts Committee
GDP growth revised to 3.63% in Q1, expands by 3.89% in Q2: NAC
The National Accounts Committee (NAC) on Thursday revised the country’s GDP growth for the first quarter (Q1) of fiscal year 2025-26 downward to 3.63 percent from the previously estimated 3.71 percent, while approving a stronger expansion of 3.89 percent in the second quarter (Q2). The meeting, chaired by Secretary Ministry of Planning, Development and Special […]
Pakistan Revises FY25 GDP Growth to 3.04%
ISLAMABAD: The government has revised Pakistan’s economic growth rate for the ongoing fiscal year (FY25) to 3.04%, up from the earlier estimate of 2.68%, The News reported. According to updated data, the economy recorded a strong 5.66% growth in the fourth quarter (April–June), which helped lift the overall annual rate. The revised figures were approved […]
Govt to present annual budget on June 11
ISLAMABAD: The federal government has decided to present the next budget 22 in the National Assembly for 2021-22 on June 11, 2021, local media reported on Saturday. The budget will focus on launching special programmes for rural Sindh, Karachi, Balochistan and Gilgit-Baltistan. Rs100 billion have been allocated for this purpose in the coming budget. […]
Hammad says GDP growth clocks in at 4 percent
ISLAMABAD: Federal Minister for Energy Hammad Azhar has said that the National Accounts Committee has estimated on the basis of latest data GDP growth of this fiscal year to be close to four percent. In a tweet, he called this a remarkable recovery, saying unlike past growth stints, forex reserves have also grown. He also […]