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Your email address will not be published.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

High-power delegation to visit Russia: National Assembly

Islamabad: On Thursday, the National Assembly was informed that a high-power delegation…

Pakistan’s Exports to UK Increase in First Two Months of Fiscal Year

LONDON, Oct 15 (APP): Pakistan total merchandise exports to UK during the…

Rupee hits new historic low

Karachi: The rupee has been declining lately and the Pakistani currency hit…

Global economic growth to slow down to 2.4% in 2023: Unctad

All regions, except for East and Central Asia, are expected to post…