- Pre-budget document for show 5.97% of GDP growth, current account deficit of over $13.7 billion.
- Review, review of economic progress be divided with media after in day
- It will emphasize main features of policy pursued by the current government.
ISLAMABAD: Federal government will launch a pre-budget paper, Economic Review of Pakistan 2021-22, on Thursday shows steady gross domestic product (GDP) growth rate of 5.97% with higher current account deficit of over $13.7 billion and a mixed trend of performance through key macroeconomic indicators during year.
The survey is scheduled to be published with in media at a press conference during which an overview was presented of economic progress made in last year in Pakistan will also provided, official sources said.
The document will show main features of policies pursued by the current government that are focused on ensuring macroeconomic stability and economy on a growth trajectory.
Read more: government gears up reveal “progressive” budget on Friday
The survey will cover development of all important industries of economy including growth and investment, agriculture, manufacturing, mining, fiscal development, money and credit, capital markets, inflation, debt and obligations.
Most of goals set for outgoing fiscal year 2021-2022 seemed to meet or even exceed the targets of previous years, as shown by macroeconomic indicators. good performance during year. However, performance of some sectors such as balance of payments, foreign direct investment and the budget deficit remained below on average during year.
Read more: NEC sets 5% of GDP growth rate goal for next fiscal year
.
