According to the report, during the first five months of the current fiscal year, there was an increase in remittances and exports, as well as a rise in imports, foreign investment, foreign exchange reserves, and the value of the rupee.
The report stated that compared to the previous fiscal year, remittances increased by 33.6% in the current fiscal year. Remittances reached 14.77 billion dollars in the first five months. From July to November, exports grew by 7.4% and imports by 8.3%. Foreign investment increased by 42.2%, and the central bank’s foreign reserves rose from 7.2 billion dollars to 11.85 billion dollars. In four months, FBR tax revenues increased by 23.2%, and non-tax revenue saw a 101.3% increase.
The report also noted that in the past four months, the fiscal deficit remained a surplus of 495 billion rupees. The agricultural sector saw an 8.5% increase in loans, and inflation decreased from 29.2% in July-November to 4.9%. The production of large industries increased by 0.02% over the five months.