Economic Survey for FY-2025-26: Pakistan records 3.7% GDP growth despite shocks

ISLAMABAD – Finance Minister Muhammad Aurangzeb on Thursday presented the Pakistan Economic Survey for the fiscal year 2025-26, stating that the country’s GDP growth stood at 3.7 per cent despite significant domestic and global challenges including uncertainity due to tariffs, floods and Iran-US war in the Middle East. The finance minister said the growth rate, although affected by various pressures, remained higher compared to the past two to three years. He added that the government had initially expected GDP growth to exceed 4 per cent. He made these remarks while presenting Economic Survey for Fiscal Year-2025-26 in Islamabad. Federal Minister Attaullah Tarar was also present there. Aurangzeb said the outgoing fiscal year was marked by several disruptions, including global trade uncertainty, severe flooding, and regional geopolitical tensions. He said these three major factors significantly impacted economic activity. “Despite these challenges, Pakistan demonstrated resilience and continued its journey from stabilization towards growth,” he remarked. According to the Economic Survey 2025-26, agriculture posted growth of 2.98 per cent during the fiscal year, despite flood-related losses. The livestock sector contributed around 6 per cent growth within the agriculture segment. The finance minister said the industrial and manufacturing sectors also performed relatively better during FY 2025-26, contributing positively to overall economic activity. (Developing story)