Pakistan’s economic recovery has ushered in a new phase of growth.

According to statistics, the country’s economic growth rate year stood at 3.7 percent this year, while the size of the economy expanded to four hundred and fifty-two billion dollars.

Industrial output also increased with large-scale manufacturing growing by 6.5 percent.

For the first time in the country’s history, the fiscal deficit has reduced to just 0.7 percent, while government revenues have exceeded expenditures.

Pakistan’s foreign exchange reserves have also strengthened, rising to over seventeen billion dollars.

Under the Securities and Exchange Commission of Pakistan (SECP), a record registration of over two hundred and ninety seven thousand companies has been completed.