Government targets 4% GDP growth in FY 2026-27

Islamabad: The government has set a 4 percent GDP growth target for fiscal year 2026-27, placing major reliance on the recovery of the agriculture sector. Official estimates suggest agriculture is expected to grow by 3.8 percent, which is being seen as a key driver for broader economic improvement. The strategy focuses on boosting farm output, promoting modern cultivation practices, and improving support for farmers. Analysts say a stronger agriculture sector can help reinforce food security, stimulate rural incomes, and support related industries such as fertilizer, transport, warehousing, and agro-processing. Since agriculture remains deeply linked with Pakistan’s wider economy, its revival could play an important role in economic stability, employment generation, and future investment confidence. Will this target-driven strategy translate into broad-based and sustainable growth?

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Lahore – The Punjab government has proposed a ‘tax-free’ budget for the next fiscal year, aiming to provide relief to citizens without introducing new taxes.

Islamabad: The Federal Board of Revenue is reviewing the existing property valuation system to develop a more balanced and sustainable tax framework for the real

Lahore – The Punjab government has initiated Pakistan’s first European-style road project under Chief Minister Maryam Nawaz Sharif’s urban development plan. Designed to international standards,