Pakistan cuts GDP growth estimate to 3.65 per cent in fiscal year 2026 ...Middle East

Economy by : (Business Standard) -
The Pakistan government has slightly revised the gross domestic product (GDP) growth down to 3.65 per cent for the outgoing fiscal year (FY26), attributing the adjustment to a mild slowdown in the industrial and services sectors, according to a media report on Tuesday. The country's GDP registered modest growth alongside an increase in per capita income in dollar terms, reflecting a sluggish pace of recovery in the country's overall output compared with the previous year, the government said. In May 2026, the government had projected the economy to grow by 3.70 pc in FY26, revising its earlier estimate of 4 pc. The downward adjustment now indicates that the country fell short of its GDP target, a Dawn report showed. The revised growth rates in agriculture, industry and services in FY26 are 3.50pc, 3.34pc and 3.81pc, respectively, compared with earlier growth rates of 2.89pc, 3.51pc and 4.09 pc. The revision came during the 118th meeting of the National Accounts Committee (NAC), whi

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