ISLAMABAD: The target for economic growth in the upcoming fiscal year 2025-26 has been set at 4.2%, according to the budget document. The economic targets for the upcoming fiscal year will be determined today at the APCC meeting.
The overall national economic growth target has been set at 4.2%, with an inflation rate target of 7.5%. Additionally, investment growth has been targeted at 14.7%, with private investment expected to grow by 9.8%.
In the agriculture sector, a growth target of 4.5% has been established, including specific targets such as 6.7% for major crops, 7% for cotton, and 4.2% for livestock.
Forests and fisheries sectors also have designated growth targets, with forests expected to grow by 3.5% and fisheries by 3%.
The industrial sector is also on a growth trajectory, with a target of 4.3%, including 4.7% for manufacturing and 8.9% for small-scale industries. Similarly, the construction, electricity, gas, and water sectors aim for a growth of 3.5%.
In the services sector, growth is anticipated across various industries: services at 4%, wholesale and retail trade at 3.9%, communications at 3.4%, and hotels and food industries at 4.1%. Sectors such as information, insurance, finance, and real estate also hold promising growth prospects.
The government also aims to achieve a 4.5% growth in education, 4% in health, and 4% in social sectors. The overarching goal is for all these sectors to collectively contribute to a stable and prosperous economy.
Furthermore, the government has set an investment target of 14.7% and a national savings target of 14.3%. Specific growth objectives have also been outlined for real estate, government services, and other sectors.
