The National Accounts Committee is scheduled to convene tomorrow to review and approve the economic performance statistics for the ongoing financial year.
The committee, chaired by the Federal Secretary Planning, will approve economic development statistics and assess the nation's progress towards its 3.5% GDP growth target.
The meeting comes amid varying forecasts from international organizations and local institutions. The International Monetary Fund (IMF) predicts a modest 2% growth, while the State Bank of Pakistan estimates a 2-3% expansion.
The Ministry of Finance reports a 2.5% growth rate in the first quarter and 1% in the second quarter, with expectations of improvement in the second half of the financial year.
The Committee will scrutinise the performance of key sectors, including industry, agriculture, and services, to determine if the country is on track to meet its economic goals.
The approval of economic development statistics will provide a clearer picture of Pakistan's economic health.