ISLAMABAD: Pakistan’s gross domestic product (GDP) and per capita income increased in dollar terms at a modest pace, indicating a recovery in the country’s overall output compared to the previous year, the government said on Wednesday. It was revealed that the country’s economy is expected to grow by 3.70 per cent in the current fiscal year, a revision from earlier projections of 4pc, suggesting that Pakistan will fall short of its GDP target. The provisional growth rates in agriculture, industry and services in FY26 are 2.89pc, 3.51pc and 4.09pc, respectively. The 117th meeting of the National Accounts Committee (NAC) was held in the federal capital on Wednesday at the Pakistan Bureau of Statistics Headquarters, Statistics House. The secretary of the Ministry of Planning and Development chaired the meeting. The committee approved the quarterly GDP growth rates for Q1 (revised), Q2 (revised), and Q3 (provisional) during FY 2025-26 and annual growth rates for 2023-24 (final), 2024-2...
Defence Minister Khawaja Asif on Wednesday acknowledged that the Khyber Pakhtunkhwa government was standing firmly with the Centre in combatting terrorism, hailing that they were on the “same page”. He made the remarks on the floor of the National Assembly while responding to an emotionally charged speech by Jamiat Ulema-i-Islam-Fazl’s (JUI-F) Noor Alam Khan, who had criticised both the federal and provincial governments for rising terrorism in the province. “We did not have the KP government’s cooperation for a very long time, [but] now we have [it]. They are standing firmly with the Centre and the armed forces against terrorism. There is no doubt,” Asif declared. “It is a good thing that we are all on the same page,” he added. The defence minister said, “I agree with them that a solution to this issue is needed, but it is not the centre’s responsibility; it is partially, but all provinces have to contribute to this with their resources.” Asif also strongly responded to suggestio...