ISLAMABAD: The Ministry of Finance has expressed cautious but positive expectations regarding the country’s economy while releasing the Monthly Economic Update and Outlook Report. According to the report, the decline in crude oil prices in the global market is likely to have an impact on fuel prices in Pakistan as well, which may help reduce inflationary pressures and stabilize prices.
The report said that the inflation rate during June is likely to remain between 11 and 12 percent, while the fundamental indicators of the economy have seen an improvement in the fiscal year 2025-26. According to the Ministry of Finance, the growth rate of the Gross National Product (GDP) during the fiscal year was recorded at 3.7 percent, which is being described as a significant progress compared to the last few years.
According to the report, the size of Pakistan’s economy has increased to $452.1 billion, while the government has included various measures in the new budget to promote export-oriented economic activities.
The Finance Ministry further said that the budget has prioritized fiscal discipline along with providing relief to taxpayers to maintain economic stability. The report expressed hope that economic indicators will further improve during the fiscal year 2026-27 and reform measures will help in promoting investment and business activities.
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