Economic Survey: Pakistan misses GDP growth target as IMF talks continue

Pakistan’s economy grew 3.7% in FY2025-26, missing the government’s 4.2% target announced in last year’s budget, the Economic Survey 2025-26 showed. Finance Minister Muhammad Aurangzeb released the report on Thursday, a day before the federal budget. Asked about an International Monetary Fund (IMF) agreement on budgetary targets, the finance minister said discussions were continuing. “We are in talks with them, and discussions are progressing positively,“ he said. Addressing the media persons, the finance minister shed light on the country’s economic performance during FY26. “When we entered this fiscal year, there was trade uncertainty on account of the tariff discussion. By the end of July, we reached a competitive position with respect to our exports, especially to the US,” said Aurangzeb.