Islamabad: The country’s economy continued its growth momentum in the financial year 2024-25, supported by strengthened macroeconomic fundamentals, prudent fiscal management, and improved external sector performance.

According to Radio Pakistan, the Finance Ministry’s monthly Economic Outlook Report highlighted that real GDP grew by 2.68 percent, while inflation eased steadily. The current account recorded a surplus of 1.81 billion dollars, the fiscal deficit declined, and the primary surplus reached 3.2 percent of GDP in the first ten months of the outgoing fiscal year. This growth was accompanied by upgraded credit ratings, bolstered policy credibility, and improved investor sentiment.

The Finance Ministry reiterated the government’s commitment to structural reforms focused on tax harmonization, energy pricing, and privatization. Additionally, the ministry is advancing climate action through dedicated initiatives to lay the foundation for inclusive and sustainable growth.

The report also highlights that the federal government has set targets of 2.2 million hectares for cotton cultivation and 10.18 million bales for production for the Kharif season 2025-26.