EM preparation Help & guidence Competitive exam By Ejaz Mir
EM preparation Help & guidence Competitive exam By Ejaz Mir
June 10, 2025 at 04:15 AM
Pakistan's economy is projected to grow by 2.7% in fiscal year 2025, according to the Economic Survey released ahead of the federal budget. The initial growth target of 3.6% was revised down last month. Finance Minister Muhammad Aurangzeb highlighted macroeconomic stabilization and improved investor confidence, with the IMF forecasting a 2.6% growth for FY25 and 3.6% for FY26. The central bank’s interest rate cuts—from 22% to 11%—aim to stimulate growth. Key indicators include a $1.9 billion current account surplus (July–April), up from a $200 million deficit last year, and revenue collection of Rs13.37 trillion over three quarters. The fiscal deficit stands at 2.6% of GDP. Medium-term growth is projected at 5.7%, driven by investment-friendly reforms, increased FDI, and rising domestic savings. The survey signals cautious optimism ahead of Pakistan’s FY2025 budget rollout and ongoing IMF-backed reforms. #pakistaneconomy #gdpgrowth #budget2025 #economicsurvey #imf #fdi #macroeconomics #shehbazsharif #mu
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