This is the 280th most frequent Urdu word.
اقتصادی
Economic.
In this instance, 'اقتصادی' (economic) again describes 'ترقی' (development), emphasizing the focus on economic progress.
نئے صنعتی منصوبے اقتصادی ترقی کو فروغ دیں گے۔
New industrial projects will promote economic development.
In this sentence, the word 'اقتصادی' (economic) is used as an adjective to describe 'حالت' (condition), characterizing it as related to the economy.
پاکستان کی اقتصادی حالت بہتر ہو رہی ہے۔
Pakistan's economic condition is improving.
Here, 'اقتصادی' (economic) modifies 'ترقی' (development) to specify the type of progress being discussed.