Pakistan Economy: Pakistan Economic Survey 2023-24 Key Takeaways, Economic growth turned positive in FY24; arriving at 2.38% - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Real GDP posted a growth of 2.38% in FY24 according to provisional estimates compared to negative growth of 0.2% in FY23. Accordingly, per capital income in Pakistan clocked-in at USD 1,680 during FY24 compared to USD 1,551 last year due to a stronger Rupee and increase in economic activity.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Robust growth (highest in 19 years) of ~6.3% in the Agriculture sector was the key driver of economic growth in FY24. Wherein, important crops i.e. wheat, rice &amp; cotton posted growth of 16.8%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">GDP at market prices stood at PKR 83.9Trn, up 26.4%YoY.</span></li></ul><...