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National Accounts Committee Approves Economic Targets

National Accounts Committee Approves Economic Targets

Islamabad (Commerce Desk): The National Accounts Committee has approved the economic targets for fiscal year 2025–26 and revised the previous fiscal year’s gross domestic product (GDP) growth rate, resulting in a reduction of 0.05 percentage points in the economic growth figure.

According to the National Accounts Committee, Pakistan’s GDP growth target for fiscal year 2025–26 has been set at 3.65%, compared with the earlier preliminary estimate of 3.70%.

The committee’s report stated that the size of Pakistan’s economy reached $450.4 billion, while per capita income stood at $1,896. In Pakistani currency, the economy was valued at Rs126.4 trillion during fiscal year 2025–26, with per capita income recorded at Rs531,897.

The report showed that the agricultural sector grew by 3.50% during fiscal year 2025–26, while the services sector recorded growth of 3.81% and the industrial sector expanded by 3.34%.

According to data released by the National Accounts Committee, economic growth stood at 3.89% in the first quarter of the fiscal year, rose to 4.31% in the second quarter, and reached 4.42% in the third quarter.

However, economic growth slowed significantly in the final quarter of fiscal year 2025–26, with the growth rate falling to 2%.