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Pakistan’s Economy Shows Stronger Growth in FY2026

(MENAFN) Pakistan achieved a gross domestic product (GDP) expansion of 3.71 percent during the first quarter of fiscal year 2025-26 (FY2026), Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal announced on Tuesday.

He highlighted that this growth rate was 2.15 percentage points above the level recorded in the same quarter of FY2025, calling it a significant enhancement in the nation’s economic path.

The minister explained that the surge was largely fueled by the industrial sector, which grew by 9.38 percent in the first quarter of FY2026, a sharp contrast to the modest 0.12 percent increase seen in the equivalent period of the prior fiscal year.

Despite hurdles such as flood damage in 2025, fiscal restraint policies, the removal of energy subsidies, and rising food prices, the country managed to sustain this improved performance.

Figures published by the Pakistan Bureau of Statistics in October showed that GDP growth for FY2025 stood at 3.04 percent, surpassing the earlier projection of 2.68 percent made by the National Accounts Committee.

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