Pakistan’s economic indicators show improvement, signaling financial stability and growth in key sectors, driving positive expecta...
Pakistan’s economy has indicated positive developments during the first two months of the current fiscal year as most of the economic indicators have shown improvement, finance ministry said in a report released on Friday.
The Large Scale Manufacturing output increased by 2.4 percent in July 2024, rebounding from a contraction of 5.4 percent in reflecting improved market conditions and market support. During the period, 14 out of 22 sectors witnessed positive growth. Meanwhile, total expenditures grew by 19.2 percent to Rs 768.6 billion in July FY2025 against Rs 644.9 billion last year. Consequently, the fiscal deficit was recorded at 0.3 percent of GDP as against 0.2 percent of GDP in the same month of last year.
On social safety sector, BISP has raised the quarterly installment of Kafalat Programme from 10,500 rupees to 13,500 rupees starting in January 2025 and the number of families benefiting will reach 10 million by the end of this year. According to the report, following a phase of decline, LSM is now regaining its footing and major exporting sectors show readiness to scale up production.
According to the Pakistan Bureau of Statistics report that it calculates short-term inflation using the sensitive price indicator on a weekly basis to assess the price movement of essential commodities at shorter intervals of time so as to review the price situation in the country.
Economic Growth Financial Stability Pakistan Economy Economic Improvement GDP Rise
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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