Islamabad: The Economic Survey of Pakistan for the fiscal year 2024-25 is set to be officially released on Monday, June 9. As a key pre-budget document, the survey outlines the government’s review of the national economy and offers a detailed analysis of the country's socio-economic performance during the outgoing fiscal year.
According to a press release issued by the Ministry of Finance on Sunday, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb will formally present the Economic Survey on Monday afternoon.
The Economic Survey is a critical annual document released ahead of the federal budget, capturing key developments across major sectors, including agriculture, manufacturing, industry, services, energy, information technology and telecommunications, capital markets, health, education, transport, and communications.
In addition to economic sector performance, the survey will also shed light on progress in social protection programs, environmental sustainability, and infrastructure development. It will present up-to-date data on essential economic indicators such as inflation, trade and balance of payments, debt levels, population growth, employment trends, and the impacts of climate change.
The document aims to inform public discourse and guide policy planning at the start of the new fiscal year by providing a comprehensive set of economic indicators.
According to the Annual Plan Coordination Committee (APCC), endorsed by the National Economic Council (NEC), Pakistan’s GDP growth rate for 2024-25 has been recorded at 2.7%. For the upcoming fiscal year, the government has set a target of 4.2% GDP growth.
The survey highlights significant improvements in external accounts, noting a 30.9% increase in remittances from July 2024 to April 2025. Notably, the current account balance turned into a surplus during this period for the first time. The survey also emphasizes improvements in fiscal indicators, including a reduction in the fiscal deficit to 2.6% of GDP.
A primary surplus of 3% of GDP has been recorded, indicating a disciplined fiscal approach. The policy interest rate has gradually been reduced to 11%, reflecting stronger economic fundamentals and proactive monetary policy actions.
Private sector credit also witnessed substantial growth, with loans amounting to Rs681 billion disbursed between July 2024 and May 2025. The NEC highlighted that recent signs of economic stability are the result of coordinated efforts by both federal and provincial governments.
It further noted that the country is now firmly on the path to economic recovery and growth.
The agriculture sector played a pivotal role in strengthening the national economy and supporting economic expansion. A comprehensive strategy is being developed to ensure sustained and sustainable growth in agricultural output in the coming years.
In terms of development expenditures, the national development program for 2024-25 received an approval of Rs3,483 billion, including Rs1,100 billion allocated for federal development initiatives. Provincial governments utilized Rs2,383 billion for their respective projects.
The Economic Survey 2024-25 is expected to provide a solid foundation for the upcoming federal budget and guide Pakistan’s broader economic agenda as the country continues its pursuit of fiscal and macroeconomic stability, as well as inclusive growth.
