Federal Minister for Finance and Revenue Muhammad Aurangzeb will launch the Pakistan Economic Survey 2024–25 on June 9, 2025. This pre-budget document outlines the nation’s economic performance.
The Pakistan Economic Survey, released before the 2025–26 federal budget presentation on June 10, highlights a 2.7% GDP growth rate, a 30.9% surge in remittances, and a reduced fiscal deficit, signalling economic stabilisation.
The Annual Plan Coordination Committee (APCC), endorsed by the National Economic Council (NEC), reported Pakistan’s GDP growth at 2.7% for fiscal year 2024–25, below the 3.6% target but a step up from 2.38% in 2023–24. The survey projects a 4.2% growth target for 2025–26. Remittances soared by 30.9% from July 2024 to April 2025, contributing to a current account surplus, a historic first.
Read: Pakistan’s 2025-26 Federal Budget Session Schedule Approved by NA Speaker
Fiscal discipline improved, with the fiscal deficit dropping to 2.6% of GDP from 3.7% last year, and a primary surplus of 3%. The policy interest rate fell to 11%, spurring private sector credit growth, with Rs 681 billion in loans disbursed by May 2025.
The agriculture sector, a key driver, bolstered reserves and growth, with plans underway for sustainable productivity increases. The Annual National Development Programme (ANDP) allocated Rs3,483 billion, including Rs1,100 billion for federal projects and Rs2,383 billion for provincial initiatives, reflecting robust development spending.
The NEC credited coordinated federal-provincial efforts for stabilisation, with Finance Minister Aurangzeb noting a “remarkable turnaround” from last year’s challenges. The survey sets the stage for the June 10 budget, aiming for inclusive growth.
