The Economic Survey of Pakistan for fiscal year 2024–25, an important pre-budget report assessing the national economy, will be officially released today.
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, will present the survey, as announced by the Ministry of Finance.
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This key document provides detailed insights into Pakistan’s socio-economic performance over the past fiscal year and precedes the federal budget.
According to the Annual Plan Coordination Committee (APCC) and National Economic Council (NEC), Pakistan’s GDP growth for 2024–25 stood at 2.7 percent, with a target of 4.2 percent for the upcoming year.
The NEC also highlighted a 30.9 percent rise in remittances from July 2024 to April 2025, with the current account balance showing a surplus for the first time during this period.
Fiscal improvements include a reduced deficit of 2.6 percent of GDP and a primary surplus of 3 percent, reflecting better fiscal discipline.
Monetary policy eased with the policy interest rate cut to 11 percent, while private sector credit expanded significantly, with Rs. 681 billion loans disbursed from July 2024 to May 2025.
The NEC credited recent economic stabilization to combined federal and provincial government efforts, indicating progress towards recovery and growth.
The agriculture sector notably boosted national reserves and economic growth, with plans underway to increase agricultural productivity sustainably.
Development spending for 2024–25 was set at Rs. 3,483 billion, with Rs. 1,100 billion for federal projects and Rs. 2,383 billion allocated to provincial governments for their development programs.
