Islamabad: According to the monthly economic outlook report released by the Ministry of Finance, Pakistan’s economy has taken a positive direction. The report states that the GDP growth rate in the fiscal year 2024-25 was 2.68%, and there was a surprising decline in the inflation rate, which came down from 23.4% to just 4.5%.
According to the economic report, a surplus of $2.1 billion has been recorded in the current account after 14 years. The fiscal deficit has come down to 3.1% of GDP, which is a manifestation of economic discipline.
Significant improvement was seen in the agricultural sector, where the loan rate increased by 16.6% and the volume exceeded Rs 2300 billion. Imports of agricultural machinery also increased by 20%. Fertilizer sales improved, with urea increasing by 3.4% and DAP by 20%.
Growth was also seen in the industrial sector, with production of large industries increasing by 2.3% on an annual basis in May 2025. Remittances recorded an increase of 26.6%, which increased from $30 billion to more than $38 billion.
Exports increased by 4.2% and imports by 11.1%. The country’s foreign exchange reserves reached $19.9 billion. FBR’s 11-month revenues increased by 26.3%, and non-tax revenue increased by 62.7%. Last year’s fiscal deficit decreased by 18.34%.
