Pakistan embarked on a journey of economic recovery, the growth rate improved to 3.5 percent for fiscal year 2024, from 0.3 percent for 2023.
By August 2023, power generation has increased by 14% and diesel sales by 11%, while petrol sales have increased by more than 8% in August 2023.
In September 2023, Pakistan’s exports have reached 1.15% to 2.40 billion dollars.
A record increase of 42% was seen in the growth rate of Pakistan Petroleum Limited.
Cotton production in Pakistan has reached 72% and wheat production has reached 28 million tons.
Rice production is likely to reach 9 million tonnes.
Dollar value less than 50 rupees
In addition, in 2 months, the value of the dollar has decreased by more than 50 rupees and the trade deficit has decreased by 48.2% in September.
Pakistan will take a total of 1.4 billion dollars from IMF, International Development Bank and World Bank.
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