Overview
- The National Accounts Committee approved July–September GDP growth of 3.71%, with agriculture up 2.89%, industry up 9.38% and services up 2.35%.
- Sector details show electricity and gas output up about 25.5% on higher quarterly subsidies, construction up roughly 21%, information and communications down 28.7%, and rice output near 10 million tonnes despite flood disruptions.
- The committee revised FY2024–25 annual growth to 3.09%, including an upward adjustment for electricity, gas and water on stronger output from IPPs and the gas sector.
- The Finance Ministry’s monthly outlook points to mixed fundamentals, projecting December inflation near 6.5% with July–November investment down 25.3% and exports down 3.2%, even as remittances rise.
- Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb cite lower inflation near 4.5%, forex reserves around $21.2 billion and over one million new taxpayers, while forecasting FY2026 growth above 4% as some economists and opposition figures question the reported gains.