ISLAMABAD: The Pakistani economy is on the path of recovery as the growth rate is showing improvement. The economy showed positive signs of improvement during the current finical year of 2024 as compared to the corresponding financial year of 2023. Various sectors of the economy including production sector showed an improvement of 14 per cent, diesel sales 11 per cent, cement sector sales 45 per cent, urea sales 49 per cent, auto sector 18. The overall Pakistani exports rose by 1.15 per cent to $2.40billion as compared to the corresponding financial year. The Pakistan Petroleum Limited recorded a significant growth of 42 per cent, cotton production grew by 72 per cent, wheat production reached 28 million tons while the rice production is likely to touch 9 million tons’ mark. On the other hand, the value of dollar depreciated against rupee by more than Rs50 while the deportation of illegal citizens also strengthened the economy. DNA
