Pakistan has set a target of 4 percent GDP growth for the fiscal year 2026-27 by maintaining the country’s recovery momentum despite uncertainty caused by volatile oil prices and the US-Iran war.
According to a working paper presented at the Annual Plan Coordination Committee (APCC) meeting, the government expects broad-based growth across major sectors of the economy during the next fiscal year.
The commodity-producing sectors are projected to expand by 3.9 percent, supported by expected growth of 3.8 percent in agriculture and 4.5 percent in large-scale manufacturing (LSM).
The industrial sector is targeted to grow by 4 percent, while the services sector is expected to post a stronger expansion of 4.2 percent.
The government plans to support growth through export-oriented initiatives, energy sector reforms, productivity improvements, climate resilience measures, digital transformation and greater private sector participation in economic activity.
The FY2026-27 growth target is slightly higher than the pace achieved in the current fiscal year. The outlook still remains subject to external risks, particularly fluctuations in global oil prices and geopolitical developments.
The federal government continues to pursue economic reforms by strictly following the demands of the International Monetary Fund.
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