Finance Minister Miftah Ismail presents the Pakistan Economic Review (PES) 2021-22 in which growth rate of 5.97% against goal of 4.8 percent.
It’s common growth came on in back of 4.40 pcs. growth in Agriculture, 7.19% growth in Industry and 6.19% growth in Services against goals of 3.5 pcs, 6.5 pcs and 4.7 pcs respectively.
The Pakistan Economy Review is an annual report. on in performance of in economyfocus in specific on main macroeconomic indicators. Interestingly, this time – maybe first – a new government (PML-N-led coalition) represents the economic performance of previous government (PTI).
Although the country as a whole has outperformed growth expectations, as well as by sector growth goals “underlying macroeconomic imbalances and related internal and international risks overshadowed the celebration,” the study document said.
Finance minister, presenting the survey, said that “achievement growth was not issue for Pakistan, real issue achieves sustainable growth”.
“This year GDP growth 5.97 pcs. growth … but as usual current there was a deficit in the account again shown that we have a balance of payments issue” Ismail said.
More follow.
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