Pakistan Achieves 3.71% GDP Growth in First Quarter FY2026
The GDP growth hits 3.71% led by industry surge and in first quarter of FY2025-26, GDP expanded by 3.71%, fueled by agriculture’s steady 2.89% growth, a strong 9.38% rise in industry, and 2.35% in services, the report said.
Adil Aziz
During the first Q1 Fiscal deficit reduce to 0.9%, while impressive growth rise in tax collection: Economic Outlook Report
The fiscal deficit during the first quarter (Q1) of the current fiscal 2023-24 declined to 0.9 percent of Gross Domestic Product (GDP) compared to one percent shortfall during the same period of last year.
Fiscal deficit contained at 1.4%, primary balance improves
The fiscal deficit during the first five months (July-November) of the current fiscal year has been contained at the same level of 1.4 percent of GDP as it was recorded in the comparable period last year. According to the monthly Economic Update and Outlook for January 2023, the primary balance improved during July-November (FY2023) and…
Fiscal consolidation key to saving reserves, exchange-rate stability: Economic Outlook
The Finance Ministry in its latest report on state of economy released termed fiscal consolidation as the key to saving official reserves and exchange rate stability of the country. According to monthly Economic Update and Outlook for January 2023, released by the ministry, the fiscal consolidation may temporarily be costly in terms of growth prospects…