Govt Forecasts Record Exports and Remittances for Current and Next Fiscal Year

The Ministry of Finance has projected the highest exports and remittances in Pakistan’s history for the current fiscal year, with further growth expected in FY2025- 26. Sources privy to this information disclosed to ProPakistani that exports for the next fiscal year are estimated at $36.12 billion, while remittances are forecast to exceed $37 billion. For the current fiscal year, exports are expected to surpass the government’s target of $32.34 billion and reach $32.98 billion. Meanwhile, remittances are projected to exceed the target of $30.28 billion, to roughly $35.24 billion. The previous fiscal year saw exports of $30.97 billion and remittances totaling $30.25 billion. The ministry has also set an import forecast of $66.25 billion for the next fiscal year. For the current fiscal year, imports are estimated to reach $58.98 billion, exceeding the government’s target of $57.28 billion. Imports in the previous fiscal year amounted to $53.56 billion, sources added.