Tuesday, October 7

Tag: 2025(Memoona): Federal Minister for Planning

First Time in History, Rs. 1,046 Billion Spent on Development Projects in a Single Fiscal Year 2024-2025
Latest, PAKISTAN NEWS

First Time in History, Rs. 1,046 Billion Spent on Development Projects in a Single Fiscal Year 2024-2025

Islamabad, July 10, 2025(Memoona): Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, while addressing the media at the launch of the Monthly Development Update for July 2025, said that the fiscal year 2024–25 concluded with encouraging macroeconomic indicators.The Minister noted first time ever Rs. 1,046 billion (96%) of the PSDP for FY2024–25 had been utilized, reflecting strong implementation. This utilization is driving inclusive growth through targeted investments in exports, innovation, and human development. The PSDP, which was limited to Rs. 754 billion last year, is now back on the path of growth, said Ahsan IqbalHe noted that GDP growth is on an upward trajectory, inflation has eased, and both fiscal and external sector stability have been ...
Inflation Drops to 4.5% in FY 2024-25 – Lowest in Nine Years
Latest, PAKISTAN NEWS

Inflation Drops to 4.5% in FY 2024-25 – Lowest in Nine Years

Islamabad, July 4, 2025(Memoona): Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, chaired a meeting of the National Price Monitoring Committee (NPMC) in Islamabad to review the inflationary trends and pricing mechanism across the country. The meeting was attended by the Chief Economist, Chief Statistician, senior officials from the Ministry of Food and Agriculture, and representatives from relevant federal and provincial departments.During the meeting, the Chief Statistician presented key data indicating that the inflation rate for the fiscal year 2024-25 stood at 4.5%, significantly down from 23.4% recorded during the previous year. Minister Ahsan Iqbal highlighted this as the lowest inflation rate in the past nine years, reflecting the government's ...