A Reflection on the State of Economy and Federal Budget 2018-19

Pakistan’s economy grew by 5.8% in 2017-18, driven mainly by the services sector (6.4%) and industry (5.8%). Yet fiscal and external imbalances deepened, raising concerns about sustainability. The Federal Budget 2018-19, presented by an outgoing government, was unusual in its transitional nature – requiring ownership by successive administrations. This brief reflects on growth trends, sectoral performance, and fiscal challenges to assess the durability of Pakistan’s economic trajectory.

Date: 2018-01-01 Year Published: 2018