Islamabad (Daily Pakistan Online) Federal Finance Minister
Ishaq Dar presented the economic survey report of the current financial year,
according to which the GDP growth was 0.29 percent in the current financial
year.
Ishaq Dar said that a 12.1 percent decrease in exports was
recorded this year, the rate of economic growth is likely to be 29 percent,
agricultural growth is likely to be 55 percent, and the rate of industrial
growth is negative 2 percent. 94 percent, growth rate in services sector is
expected to be 86 percent, inflation rate during July to May of this fiscal
year was 29.2 percent.
Ishaq Dar said that the financial deficit in the 10 months
of the current financial year was 4.6 percent of the GDP, the size of the
financial deficit was 3 thousand 929 billion rupees, the current account
deficit in the 10 months of the current financial year was 3 billion 30 million
dollars. In the 11 months of the current financial year, the trade deficit is
25 billion 80 million, in the 10 months of the current financial year, foreign
investment was 1 billion 17 million dollars after a 23% decrease.
He said that the government is trying for economic stability, the current fiscal year per capita income was 1,568 dollars, five goals have been set for the next fiscal year, the road map has also been prepared, Kisan package, industries and IT. Development of sectors will be prioritized, exports, energy and environment will be promoted in the development program.
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