💫 *Summary of the Pakistan EconomicSurvey 2024-25* The Pakistan Economic Survey is being presented today. This is a crucial document to gain insights into the government’s assessment of the economy—growth trends, sectoral performance, fiscal numbers, and policy direction. Please go through the summary to understand the facts. (Compiled by Shakil Anwer Kamal ) 📌 *Macroeconomic Highlights* • GDP Growth: 2.68% in FY2025 • Inflation: Fell sharply to 0.3% in April 2025 (average 4.7%) — multi-decade low • Fiscal Deficit: Narrowed to 2.6% of GDP (from 3.7%) • Primary Surplus: Improved to 3.0% of GDP • Current Account: Swung from US$ 1.3B deficit to US$ 1.9B surplus • Reserves: US$ 16.64B as of May 27, 2025 • Stock Market: KSE-100 rose 50% in FY2025 • Debt: Public debt at Rs 76,007B (Rs 51,518B domestic, Rs 24,489B external) • Credit Rating: Upgraded by Fitch to B- (Stable) 🏭 *Sectoral Performance* *Growth & Investment* • GDP: Rs 114,692B (~US$ 411B), +9.1% YoY • Investment to GDP: 13.8% • Savings to GDP: 14.1% • Per Capita Income: US$ 1,824 (+9.7%) *Agriculture* • Contribution: 23.54% of GDP, 37% of labor force • Overall growth: +0.56% • Livestock: +4.72% • Major Crops: -13.49% • Cotton ginning: -19.03% • Other crops: +4.78% *Manufacturing & Mining* • Industrial growth: +4.77% • LSM: -1.47% • Mining: -3.4% • Positive sectors: Wearing Apparel, Textiles, Pharma, Automobiles *Services* • Contribution: 58.4% of GDP • Growth: +2.91% (main growth driver) 💵 Fiscal & Monetary • Tax Revenue: +26.3% (Rs 9.3T) • Non-Tax Revenue: +68% (Rs 4.2T) • Policy Rate: Reduced by 1,100 bps; current 11.3% • Inflation Target: 5-7% medium-term 📈 *External Sector* • Exports: US$ 26.9B (+6.4%) • Imports: US$ 48.3B (+7.5%) • Remittances: US$ 31.2B (+31%), record US$ 4.1B in March 2025 • FDI: US$ 1.8B (-2.7%) ⚡ *Energy* • Installed Capacity: 46,605 MW • Share of Renewables + Hydro + Nuclear: 44.4% • Electricity Generation: 90,145 GWh • Petroleum consumption: 13.2 MMT (+7%) • Natural Gas Consumption: ~3,143 MMCFD 💻 *IT & Telecom* • IT Exports: US$ 2.825B (+23.7%) • Freelance Remittances: US$ 400M • Telecom Revenue: Rs 803B • Subscribers: 199.9M, teledensity 81.3% 📚 *Education* • Literacy: 60.7% (male: 68%, female: 52.8%) • OOSC (Out of School Children): 38% • HEC funding: Rs 61.1B (Rs 12B for laptops, Rs 32.6B released) 🏥 *Health* • Total health spending: Rs 924.9B (+9.7%) • Key programs: National Action Plan for Health Security, Hepatitis C & Diabetes programs 👥 *Population & Employment* • Total population: 241.5M • 53.8% in working-age group • Major initiatives: PM Youth Loans, Skills for All • Women Empowerment Package 2024 launched 🌍 *Climate Change* • Pakistan remains highly climate-vulnerable despite <1% of global emissions • Launched: • Recharge Pakistan (US$ 77M) • National Adaptation Plan • First Carbon Market Policy • Green Sukuk (Rs 30B) ✨ *Conclusion* • The economy has entered a stabilization phase with improved fiscal and external balances, inflation control, and rising investor confidence. • Major risks remain from global trade tensions, climate impacts, and structural reforms still needed in agriculture, digital infrastructure, and labor markets. • *URAAN Pakistan* framework promotes export-led, investment-driven growth for future resilience. https://shorturl.at/bgoyN