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In FY23–24, Pakistan’s per capita income increased to $16680.

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The size of the US economy grew from $341 billion to $375 billion in the current fiscal year, according to figures made public by PBS.

This fiscal year, Pakistanis’ yearly per capita income increased by Rs 90,534; the monthly rise was Rs 7,544.

The official document also said that Pakistan’s per capita yearly income for the year was Rs 475,281, up from Rs 384,747 for the previous year.

The annual income per capita increased by $129 in US dollars.

Pakistanis’ per capita income for the current fiscal year was $1,680 in US dollars, down from $1,551 for the previous fiscal year.

In local currency, the size of the national economy expanded by Rs22,170 billion.

The study cited double-digit inflation as one of the factors contributing to the economy’s notable expansion.

See also: Ahsan Iqbal: Pakistan wants to grow its economy to $3 trillion by 2047.

Pakistan wants to have a $3 trillion economy by 2047, according to Federal Minister for Planning and Reforms Ahsan Iqbal, who made this announcement in April. He also called for more public-private cooperation and a more simplified regulatory environment.

He highlighted the current favorable time for foreign investments in Pakistan, including large promises from China and Saudi Arabia, and stated, “Pakistan is poised to become a $3 trillion economy by 2047, bolstered by a targeted growth rate of 9%.”

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The Prime Minister has announced a reduction in petroleum prices: light diesel will cost Rs 12 per litre, kerosene oil will cost Rs 11, and petrol will cost Rs 10.

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The announcement of a significant decrease in petroleum prices by Prime Minister Muhammad Shehbaz Sharif is expected to alleviate the financial strain on customers.

The cost of a litre of gasoline will drop by ten rupees.

Prices for diesel and kerosene oil are expected to decrease by 13.6 and 11 rupees per litre, respectively.

In addition, the cost of a gallon of light diesel will decrease by 13 rupees.

This move is a component of the government’s continuous initiatives to lower living expenses and assist households all throughout the nation.

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PPP Parliamentary Party Meeting: Bilawal Issues Party Policy Directives To Attendees

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Political Organization in Islamabad.

Chairman Bilawal Bhutto Zardari was present, as was Member National Assembly Asifa Bhutto Zardari.

The meeting was attended by every member of the Pakistan People’s Party Senate and National Assembly.

Instructions about party policy were given to the attendees by the PPP Chairman.

Congratulating the attendees of the Democracy Day gathering was Bilawal Bhutto Zardari.

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Constitutional Package: Chief of JUI-F and Government Delegation Talk About Constitutional Amendment

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Maulana Fazlur Rehman, the head of Jamiat Ulema-e-Islam, met with a delegation of the high level government in Islamabad.

Participating in the meeting were Deputy Prime Minister Ishaq Dar, Minister of Law Azam Nazeer Tarar, and Minister of Interior Mohsin Raza Naqvi.

Aslam Ghori, Mir Usman Badini, and JUI Secretary General Maulana Abdul Ghafoor Haidari were present during the meeting.

Consultations regarding the proposed Constitutional Amendment were held by the government delegation.

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