Pakistan reveals its economic study 2024–25 Monday (today), a key document before the budget that assesses the country’s financial results and political priorities.
The investigation will be presented by the federal finance minister and revenue, Senator Muhammad Aurangzeb, according to a statement from the Ministry of Finance.
The financial study, which serves as an annual share, outlines results, challenges and key trends in the outgoing financial year across major sectors, including agriculture, manufacturing, services, energy, information technology, health, education and infrastructure.
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It will also include updates on inflation, employment, trade, balance of payments, public debt and climate change that offer a comprehensive overview of macroeconomic indicators to inform public debate and decision making.
The document emphasizes that the GDP growth for 2024-25 is registered at 2.7% with a measure of 4.2% set for the coming financial year. The study also points to an increase of 30.9% in transfers between July 2024 and April 2025, noting that the ongoing account remained in profits during this period.
Financial policy performance showed significant improvement. The tax deficit fell to 2.6% of GDP, while the primary balance recorded a 3% profit, reflecting tighter fiscal discipline. Politers were reduced to 11% in the midst of signs of financial stabilization and improving basic conditions.
Credit in the private sector is expanded with loan worth RS681 billion paid between July 2024 and May 2025.
The Annual National Development Program (AndP) for 2024–25 received a total award of RS3,483 billion. Of these, RS1,100 billion was earmarked for federal projects and RS2,383 billion for provincial initiatives.
The National Economic Council (NEC) recognized signs of improvement and attributed improvements to coordinated federal and provincial efforts. It credited the agricultural sector for its strong contribution to reserves and growth and added that a comprehensive strategy is prepared to increase long -term agricultural productivity.
The study is expected to lay the basis for the federal budget and shape Pakistan’s future financial timetable.
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The federal government is set to reveal its financial year 2025–26 -Budget on June 10th evening after securing the approval of the federal cabinet in a special session chairman of Prime Minister Shehbaz Sharif.
The budget, which was completed in consultation with the International Monetary Fund (IMF), is expected to vary between RS17.5 trillion and RS18 trillion. The document will be presented in parliament after approval of the cabinet.
Budget plan approved
Speaking for the National Assembly, Sardar Ayaz Sadiq, has approved the schedule for the upcoming National Assembly Sessions. The federal budget 2025–26 will be presented on June 10th.
The house will observe the recess on June 11 and 12 with the general debate on the budget beginning June 13. The discussion continues until June 21, and all parliamentary parties will be allocated time to contribute in accordance with assembly rules and procedures.
The most important measures include proposed increases in wages and pensions in the public sector. Three options are under consideration: A 10% raises in line with inflation, a 30% difference for grade 1 to 16 and tax relief on state wages.
The budget sets the Federal Board of Revenue’s (FBR) tax collection targets on RS14.3 trillion, including RS6.47 trillion in direct taxes, RS4.94 trillion from VAT, RS1.74 trillion from customs duties and RS1.15 trillion of federal duty duties. Not tax revenue is estimated to RS2.58 trillion.
Debt Service is still the biggest expenses, with RS8.68 trillion awarded, followed by RS2.41 trillion for defense. Federal development expenses are projected to RS1.06 trillion under the public sector development program (PSDP).
In a push for industrial growth, tasks can be reduced to over 7,000 customs lines that primarily affect raw materials and capital products. The government is also expected to remove the additional 2% duty to 4,294 customs lines.
The upcoming budget may include a scheme to provide energy -efficient ceiling fans on rates via electricity bills aimed at limiting power consumption. These fans will be offered interest -free with payments spread through tool bills.
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President calls on the efforts to strengthen the economy
Meanwhile, President Asif Ali Zardari urged Monday, highlighting the country’s enormous potential for development, for a unified and decisive effort to build a robust and self -reliant national economy.
In a meeting with Pakistan Peoples Party Leaders and Workers at Aiwan-E-Sadr on the occasion of Eid Ul-Azha, President Eid-greetings expanded party workers as the backbone of the party and praising their unwavering commitment to test times.
He urged them to remain devoted to the nation and play a proactive role in its development. The president emphasized agriculture as the cornerstone of the national economy and urged to prioritize its growth and support farmers to strengthen the economic basis.
In comments on regional issues, President Zardari expressed concern about rising extremism in India. He noted that minorities, especially Muslims and Christians, faced rising discrimination and oppression during the extremist Hindutva ideology, which he warned posed a threat to the entire region.
He also confirmed the historical, religious and cultural heritage of Muslims in the subcontinent.
