AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, The Ministry of Finance has observed increasing signs of economic stability, with positive trends in growth, inflation control, and fiscal management.
According to Ministry of Information and Broadcasting, the latest monthly economic update and outlook report highlights several key economic indicators showing improvement. The report notes that GDP growth is recovering, inflation is decreasing, and the fiscal situation shows a positive primary balance. The agriculture sector, in particular, has registered a significant growth of 6.25 percent this fiscal year, contributing robustly to the economy.
On the external front, the current account deficit has narrowed significantly, with a surplus recorded in April. Export growth of 23.4 percent in April and a total of $659.3 million in foreign investments over the first ten months of the fiscal year reflect strengthening economic activities. The country’s total liquid foreign exchange reserves have also increased, supporting the overall financial stability.