Pakistan, June 9 -- ISLAMABAD - Finance Minister Muhammad Aurangzeb has said that Pakistan is heading in the right direction and has successfully brought inflation under control, as he presented the Economic Survey 2024-25 on Sunday.

While addressing a press conference in Islamabad, Aurangzeb said global GDP growth has slowed to 2.8%, but Pakistan recorded an increase in its own economic output. He noted that the country's GDP grew by 2.7% in 2025 after a 2.5% increase in 2024 and a contraction in 2023. Inflation, which once soared above 29%, has now dropped to 4.6%.

The finance minister highlighted that inflation control was achieved through a detailed strategy. The central bank gradually reduced the policy rate from 22% to 11% over th...