Islamabad, June 9, 2025 – The Economic Survey of Pakistan 2024-25 has highlighted that the monetary policy remained adaptive and responsive throughout the fiscal year, maintaining a balance between curbing inflation and fostering economic recovery.
(more…)Author: Shahnawaz Akhter
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Economic Survey 2024-25: fiscal consolidation strengthens
Islamabad, June 9, 2025 – The Economic Survey of Pakistan for the fiscal year 2024-25 reveals continued progress in fiscal consolidation, driven by robust revenue mobilization, improved expenditure discipline, and coordinated efforts between federal and provincial governments.
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LSM registers third consecutive annual decline in 2024-25
Islamabad, June 9, 2025 – Large Scale Manufacturing (LSM) has posted its third straight year of negative growth, marking a continuing trend of contraction within Pakistan’s industrial landscape, according to the Economic Survey of Pakistan 2024-25 released on Monday.
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Agriculture sector share rises to 23.54% of GDP in FY25
Islamabad, June 9, 2025 – The Economic Survey of Pakistan 2024-25 has reported that the agriculture sector contributed 23.54% to the country’s Gross Domestic Product (GDP), reflecting its continued structural significance.
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Economic Survey 2024-25: Pakistan’s GDP Grows by 2.68%
Islamabad, June 9, 2025 – The Economic Survey of Pakistan 2024-25 has reported a modest yet significant GDP growth of 2.68%, marking a period of gradual economic recovery and stabilization across key macroeconomic indicators.
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Pakistan’s tax exemptions skyrocket to Rs5.84 trillion FY25
Islamabad, June 9, 2025 – Pakistan’s tax exemptions and concessions have soared to a record Rs5.84 trillion during the fiscal year 2024-25, as revealed in the Economic Survey of Pakistan 2024-25 launched today by Finance Minister Mohammad Aurangzeb.
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Aurangzeb highlights achievements in Economic Survey 2024-25
Islamabad, June 9, 2025 – Finance Minister Mohammad Aurangzeb officially launched the Economic Survey for the fiscal year 2024-25, sharing encouraging news of a 2.68% GDP growth and a significant drop in inflation.
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FPCCI calls for abolition of Section 7E to prevent capital flight
Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish Section 7E of the Income Tax Ordinance, 2001 in the upcoming federal budget for 2025–26.
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FPCCI urges elimination of further tax in FY26 budget
Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish the “further tax” imposed under the Sales Tax Act in the upcoming federal budget for 2025–26.
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ICMAP proposes GST reforms to tax offshore sellers
KARACHI, June 9, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has made a strong case for sweeping tax reforms in its budget proposals for 2025–26, calling on the government to bring offshore sellers firmly under the General Sales Tax (GST) regime.
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