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This economic brief outlines a cautiously optimistic recovery for Pakistan’s economy following a contraction in FY23. The GDP growth rate rebounded to 2.4% from -0.2%, driven predominantly by a robust agricultural sector which expanded by 6.25%. This resurgence highlights Pakistan’s reliance on…
National economy suffers from five perennial ills: deficit; debt; black economy; lack of capacity for capital growth and negative effects of population expansion. Budget 2014-15 makes an attempt to mitigate all five, though in varying degrees. Government presented the budget amid rising…