Economy grows 3.7pc in FY26 fastest in four years, but short of target

The government unveiled the Pakistan Economic Survey (PES) for FY2025-26 on Thursday, according to which GDP growth was recorded at 3.7% in the outgoing fiscal year.

This is higher than last year’s growth of 3.18pc but falls short of its target of 4.2%.

Economic survey highlights

GDP growth recorded at 3.7pc, up from 3.18pc last year

Agriculture sector posts growth of 2.89pc

Industrial sector expands by 3.51pc, driven by a 6.1pc rebound in large scale manufacturing

Services sector records 4.09pc growth

Per capita income increases to $1,901 from $1,751 last year

Fiscal deficit narrows to 0.7pc of GDP (July-MarchFY26), down from 2.6pc in the same period last year

Primary surplus strengthens to 3.2pc of GDP

CPI Inflation averages 6.2pc (July-April FY26)

Workers’ remittances reach $30.3bn

Addressing a press conference in Islamabad, Finance Minister Muhammad Aurangzeb presented the survey, which he said told a story of resilience and discipline shown during the previous year.

Source: Dawn