The World Bank acknowledged Pakistan's progress in restoring macroeconomic stability, strengthening fiscal discipline, and advancing structural reforms in its October 2026 Pakistan Development Update titled Attaining Escape Velocity. Gross domestic product growth in Pakistan rose to 3.7 percent during the 2026 fiscal year, up from 3.2 percent in the previous year.
A primary fiscal surplus of 2.9 percent of GDP was achieved alongside a reduction in energy subsidies from 1.1 percent of GDP in FY2025 to 0.8 percent in FY2026. S&P and Moody’s upgraded the sovereign credit rating of Pakistan following the issuance of a $3 billion Eurobond.
Privatisation of Pakistan International Airlines has commenced as part of ongoing economic adjustments. Bolormaa Amgaabazar stated that Pakistan had made real progress in restoring stability and that markets had taken notice.
The World Bank noted that Pakistan could potentially reach the current income level of Viet Nam by 2050. According to the World Bank, Pakistan could unlock sustained annual economic growth of between 6.2 and 6.9 percent through accelerated structural reforms.
