Pakistan, Oct. 18 -- Pakistan's macroeconomic conditions strengthened further in FY25, supported by a prudent monetary policy stance and sustained fiscal consolidation that led to a sharp drop in National CPI (NCPI) inflation. Meanwhile, the financial system remained resilient and real GDP growth edged higher, according to the Governor's Annual Report (GAR) for FY25 of (GAR) of the State Bank of Pakistan (SBP)

GAR is published under Section 39 (1) of the SBP Act, 1956 (as amended up to January 2022), that mandates the Governor to submit an annual report to the Majlis-e-Shoora (Parliament) regarding the Bank's objectives, the conduct of monetary policy, and the state of the economy and the financial system.

According to the Report, the d...