Pakistan’s economy recorded higher GDP growth compared to last year, but the overall expansion remained below the government’s target of 4.2 percent, according to the latest Pakistan Economic Survey (PES).
Officials stated that several sectors of the economy showed improvement during the fiscal year, contributing to better overall economic performance compared to the previous year. However, challenges including inflation, fiscal pressures, and global economic uncertainty prevented the country from fully achieving its growth target.
According to the survey, agriculture, services, and certain industrial sectors posted moderate growth, while policymakers continued efforts to stabilize the economy and strengthen investment activity.
Economic experts said the improved GDP figures indicate gradual recovery in economic activity, but stressed that sustained reforms, investment, and policy stability will be necessary to achieve stronger long-term growth in the future.
