GDP Growth Expected to Surpass Estimates in FY26

State Bank of Pakistan chief Jameel Ahmad shared key insights at a recent press conference. He noted that GDP growth is likely between 3.75 and 4.75 percent for the year.
Ahmad explained that while earlier expectations were higher, current conditions are affecting results. The central bank reported stronger-than-expected foreign currency reserves, reaching $18.4 billion this year.
Despite challenges, the central bank remains optimistic. Workers\’ remittances are projected to exceed $41.5 billion, a notable rise from the previous year.
Inflation is still a concern, with readings expected to be 7.05% higher than the target range. However, export earnings are set to improve in the next fiscal year.
The government also ended subsidy programs for remittance inflows, but banks are still encouraging participants.
Overall, the outlook shows mixed signs—growth potential remains strong, but inflation and policy changes shape the picture.