The International Monetary Fund (IMF) forecast that Pakistan’s economic growth could reach 3.5 percent in the current fiscal year (FY 2023-24). The global lender said the country’s economic growth remained 0.3pc in the previous fiscal year. According to a report, the power generation in August was registered at 14pc, diesel sale 11pc, petrol sale 8pc, cement sale 45pc, urea sale 49pc and auto sales 18pc. Similarly, Pakistan registered 1.15pc exports growth to $2.40 billion in 2023.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

UK economy in better shape than thought: Reports

British businesses reported an unexpected bounce in activity this month. The preliminary…

PSX closes at record high on strong liquidity, sectoral gains

The equity market surged to a fresh all-time high, crossing the 154,000…

Govt announces power subsidy for export industries

On Thursday, Finance Minister Ishaq Dar endorsed a power subsidy package for…