Pakistan's economy shows moderate recovery with 2.4% GDP growth and improved current account balance.
Pakistan's economy reported a moderate recovery in the last fiscal year (July 2023 to June 2024), with a GDP growth of 2.4% and an improved current account balance. The government's dedication to creating an investment-friendly environment helped restore market confidence and stimulate economic activity. Key sectors such as IT, SMEs, mines and minerals, tourism, exports, and agriculture are expected to drive continued growth in the upcoming fiscal year 2024-25.
June 28, 2024
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