The Ministry of Finance on Monday released the monthly economic outlook report, which stated that the growth rate in the fiscal year 2024-25 stood at 2.68 per cent, while the inflation rate dropped significantly from 23.4 per cent to 4.5 per cent.

According to the outlook, the fiscal deficit has also come down to 3.1 per cent of GDP.

For the first time in 14 years, a current account surplus of $2.1 billion was recorded on an annual basis, indicating economic stability

The agricultural sector also showed improvement, where agricultural loans increased by 16.6 per cent and their volume exceeded Rs2300 billion.

Imports of agricultural machinery increased by 20 per cent, while urea fertiliser consumption increased by 3.4 per cent and DAP fertiliser by 20 per cent.

According to the report, the production of large-scale manufacturing industries increased by 2.3% on an annual basis in May 2025, while remittances, exports, imports, and foreign investment also saw significant increases last year.

The Federal Board of Revenue (FBR) recorded a 26.3 per cent increase in revenue and a 62.7 per cent increase in non-tax revenue.

Remittances increased from $30 billion to over $38 billion.

Exports registered a 4.2 per cent increase and imports an 11.1 per cent hike, while the country’s financial reserves reached $19.9 billion, according to the report.