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Islamabad, Pakistan – The highly anticipated Pakistan Economic Survey 2024-25 (FY25) is set to be unveiled tomorrow by the Finance Minister, offering a comprehensive review of the nation's socio-economic performance over the past fiscal year. This crucial document provides a detailed analysis of key achievements, challenges, and future economic prospects, serving as a foundation for the upcoming budget.

A Year in Review: Socio-Economic Achievements

The Economic Survey will meticulously outline the significant socio-economic advancements made during FY25. Expect a deep dive into areas such as:

• Economic Growth: The survey will analyze the Gross Domestic Product (GDP) growth rate, examining factors contributing to expansion or contraction. Key sectors like agriculture, industry, and services will be scrutinized to understand their individual contributions to the overall economy.
• Inflation Control: A critical assessment of inflation trends, including consumer price index (CPI) and Wholesale Price Index (WPI), will be presented. The government's efforts to manage inflation and its impact on the common citizen will be a key focus.
• Fiscal Performance: The survey will detail government revenue and expenditure, highlighting measures taken to improve fiscal discipline and manage the national debt. This includes an analysis of tax collection, subsidies, and overall budget balance.
• External Sector: Performance of the balance of payments, including exports, imports, and foreign exchange reserves, will be examined. The survey will also address challenges related to trade deficits and external debt.
• Social Development: Progress in key social sectors such as education, healthcare, and poverty alleviation will be highlighted. This will include data on enrollment rates, healthcare access, and poverty reduction initiatives.
• Agricultural Performance: This section will detail the performance of the agriculture sector, including crop production, livestock, and fisheries, and its contribution to the national economy and food security.

Challenges and Future Outlook

While celebrating successes, the Economic Survey will also candidly address the challenges facing the Pakistani economy. These are likely to include: ongoing debt management issues, external pressures, global economic uncertainties, and the need for structural reforms. The survey will likely offer insights into the government’s strategies to overcome these hurdles.

Furthermore, the survey will provide a forward-looking perspective, outlining the government's economic priorities and policy objectives for the coming year. This includes potential reforms aimed at attracting foreign investment, promoting private sector growth, and creating employment opportunities. Expect a discussion of key areas for investment, such as renewable energy, infrastructure development, and technology.

Significance for the Upcoming Budget

The Economic Survey serves as a vital precursor to the federal budget, providing the Finance Minister with a comprehensive overview of the economic landscape. The findings and recommendations outlined in the survey will significantly influence the budget allocation and policy decisions for FY26. It’s a document that will be closely analyzed by economists, policymakers, and the public alike.

Stay tuned for a detailed analysis of the Pakistan Economic Survey 2024-25 following its official release tomorrow.