Power Shift

Pakistan Misses GDP Target, US Eyes Stronger Economic Ties Amid Rising Government Spending

Sourced from 2 publications

  • Pakistan missed its GDP growth target of 4.2% for FY2025-26.
  • Government civil spending increased by 12.57% year-on-year, despite austerity assertions.
  • The US is interested in strengthening economic ties with Pakistan.
  • RCCI signed a MoU with China's IBI Group, showcasing ongoing economic collaborations.
  • The KSE 100-index of the Pakistan Stock Exchange lost 1,465 points, highlighting bearish market sentiment.

Sources

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Curated from 2 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.

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