Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb unveiled the Pakistan Economic Survey (PES) for the financial year 2025-26 at a news conference in Islamabad on Thursday, a day before the federal budget is due to be announced. Aurangzeb said the survey told a story, reflecting the resilience and discipline shown during the previous year. He said the country began the outgoing fiscal year with uncertainty on account of the tariffs.

The Economic Survey provides a comprehensive overview of the country's economic performance during the outgoing fiscal year. Finance Minister Aurangzeb called on Prime Minister Shehbaz Sharif at PM House in Islamabad on Thursday and handed him a copy of Pakistan Economic Survey 2025-26. According to the survey, the government could not achieve the economic growth target fixed for 2025-26. The targets fixed for agriculture and industrial sectors were also not surpassed. The national development budget has been slashed by Rs1,046 billion.

Credit: Independent News Pakistan (INP)