Islamabad: The Pakistan Economic Survey for the fiscal year 2025 was unveiled, showcasing a significant turnaround in the nation’s economic landscape. Finance Minister, accompanied by the Finance Secretary and other officials, highlighted key trends, including a disinflationary environment, a reduced fiscal deficit, and a notable current account surplus.
The survey detailed the emergence of disinflation, attributed to a controlled current account balance. This was achieved through reduced imports, stable global commodity prices, increased export flows, and higher remittances. The gap between interbank and open market forex rates has also narrowed.
Fiscal consolidation efforts continued during FY25, driven by robust revenue growth and efficient spending. The fiscal deficit decreased to 2.6% of GDP, while the primary surplus reached 3.0%.
Looking ahead, the Finance Minister outlined the government’s strategy for FY26, emphasizing ongoing prudent measures and increased privatization efforts to maintain fiscal stability. The minister noted improved credit ratings, restored investor confidence, and multi-decade low inflation as positive indicators of economic recovery.
Monetary easing was also discussed, with sustained inflation moderation linked to better agricultural supply and reduced global energy costs, leading to lower domestic food, fuel, and electricity prices.
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