Business · 2026-10-20 · Morning briefing

Pakistan trims GDP growth forecast to 3.65% for FY26

Pakistan's government has officially lowered its economic growth expectations for the outgoing 2026 financial year, trimming its gross domestic product forecast to 3.65%. The revision, confirmed in a media report on Tuesday, was directly attributed to a loss of momentum in the country's industrial and services sectors, which together form the backbone of the nation's economy.

While the slowdown was officially described as "mild," the decision to issue a formal downward revision as the fiscal year concludes indicates that earlier, more optimistic government projections were not achieved. The new 3.65% figure offers a final, more sober accounting of economic performance for the period, reflecting a greater-than-anticipated cooling across key segments of the economy.

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• Pakistan’s Growth Slows as Hormuz Crisis Hits Industry

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