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Categories: BusinessNewsPakistan

Pakistan’s Literacy Rate Hits 63%, GDP Surpasses $452B Amid Challenges

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Pakistan’s Literacy Rate Reaches 63%

Finance Minister Muhammad Aurangzeb announced that Pakistan’s literacy rate has reached 63%. This milestone was highlighted in his presentation of the Economic Survey for the outgoing fiscal year 2025-26.

Despite economic and regional challenges, including tariffs at the beginning of the fiscal year, floods in August and September 2025, and a regional conflict in March this year, Aurangzeb noted that Pakistan’s resilience remained intact. The GDP topped $452 billion, with per capita income rising to $1,901 during the same period.

Sector-wise performance showed growth across various industries, including cement (10%), fertilizers (17%), and petroleum (5%). The current account also maintained a surplus of $72 million in the July-March period. Positive growth trends were recorded across 16 sectors, with 16 out of 22 manufacturing sectors showing improvement during the fiscal year.

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