An Indian publication, South Asia Monitor, has recognized Pakistan’s remarkable economic recovery between 2023 and 2025, calling it one of the most impressive turnarounds in South Asia. The report emphasized how Pakistan’s transition from a nation on the brink of default to one demonstrating macroeconomic stability was driven by a blend of prudent fiscal management, structural reforms, and the effective implementation of the IMF bailout program.
The publication credited Pakistan’s government for its focused reform agenda, which successfully revived investor confidence and set the groundwork for sustainable, long-term growth. A key pillar in this transformation has been the Special Investment Facilitation Council (SIFC), which emerged as a strategic platform for promoting economic diplomacy and attracting large-scale foreign investment. Through the SIFC, Pakistan has streamlined investment channels in key growth sectors including mining, energy, information technology, and agriculture, marking a decisive shift toward diversified economic development.
The report further highlighted the second phase of the China–Pakistan Economic Corridor (CPEC), during which Pakistan launched major mineral and energy projects in collaboration with Saudi Arabia and the United Arab Emirates. In addition, renewed cooperation with China in June 2024 bolstered investment in mining and renewable energy sectors, strengthening Pakistan’s role in regional trade and sustainable resource development.
According to the South Asia Monitor, the Pakistan Economic Survey 2024–25 reflected a substantial improvement in major economic indicators. The country’s GDP reached its highest level in nearly 24 years, supported by a primary surplus of 3 percent and an impressive 36.7 percent growth in revenue collection. The digital economy also saw notable progress, with exports of ICT services rising by 23.7 percent.
Perhaps most strikingly, inflation, which had surged to 17.3 percent in 2023, dropped dramatically to just 0.3 percent by April 2025—one of the sharpest declines recorded across the region. Monthly remittances remained consistent between USD 3.8 billion and USD 4 billion, contributing to external stability and maintaining a healthy balance of payments.
The publication also praised Pakistan’s stock market for its strong performance, ranking among the top-performing global indices and moving in tandem with major markets in the United States, France, and China. The report concluded that Pakistan’s fiscal discipline, strengthened investment framework, and improving regional stability have positioned the country as a rising economic player and a promising destination for investors among emerging economies.
