Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, will present the pre-budget key document, known as the Pakistan Economic Survey for the fiscal year 2024-2025, on Monday.
The important document outlines the government’s official assessment of Pakistan’s economy, and the Economic Survey is released annually.
The Pakistan Economic Survey serves as a vital document which is always released a day before the federal budget is presented in the parliament.
It gives insights into the country’s socio-economic performance over the outgoing fiscal yea, detailing every single economic sector within the country.
The Economic Survey highlights the trends, opportunities, and achievements across all major sectors, including agriculture, manufacturing, industry, services, energy, information technology and telecommunications, capital markets, health, education, transport, and communication.
The document serves as a blueprint for the country’s macroeconomic condition for the past year and gives insight to the experts on how the next economic year would go.
However, the Economic Survey doesn’t just detail the above-mentioned sectors but it also outlines in detail the social protection programs, environmental sustainability, and infrastructure.
The Pakistan Economic Survey presents updated statistics on critical economic indicators such as inflation, trade and balance of payments, public debt, population growth, employment levels, and climate change impacts.
The Pakistan Economic Survey is set to guide Pakistan’s upcoming federal budget as the country grapples with strict International Monetary Fund (IMF) conditions for its next tranche of loans.
The government has announced that the federal budget of Pakistan will be released tomorrow.
