Pakistan economy is on a path to recover, and the growth rate is getting better.

The growth rate for the fiscal year 2024 has improved to 3.5%, while it was at 0.3% in 2023.

As of August 2023, there has been a 14% increase in power generation, an 11% rise in diesel sales, and over 8% more petrol sales. Additionally, Pakistan’s exports grew by 1.15% to reach $2.40 billion in September 2023.

Pakistan Petroleum Limited has achieved remarkable growth of 42%, cotton production in the country has gone up by 72%, and wheat production has reached 28 million tons. Furthermore, rice production is expected to reach 9 million tons.

The trade deficit has decreased by 48.2% in September, and the value of the dollar has fallen by more than 50 rupees in just 2 months resulting in the betterment of Pakistan economy.

Moreover, Pakistan is set to receive a total of 1.4 billion dollars from the IMF, International Development Bank, and the World Bank.

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