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Dar presents Economic Survey: ‘decade’s highest growth of 5.3% achieved’

25-7-17

ISLAMABAD: Federal Minister for Finance Ishaq Dar on Thursday propelled ‘The Economic Survey of Pakistan’ for the active monetary year (2016-17) .

Notwithstanding a few interior and outer difficulties, the nation’s Gross Domestic Product (GDP) recorded decade’s most astounding development of 5.3 percent amid the monetary year 2016-17.

“The development rate was only 3 percent in 2013, which has now ascended to 5.3 percent and this development is likewise being recognized at the world level,” Senator Mohammad Ishaq Dar said while propelling Pakistan Economic Survey for the active financial year (2016-17) here at “P” square assembly hall Thursday evening.

Dar said that the general size of Pakistan’s economy has crossed the edge of $300 billion amid the present year.

While the GDP development rate focus for the up and coming year (2017-18) has been settled at 6 percent, the pastor, said trusting that the objective would be accomplished as well as surpassed.

He said that amid the active year (2016-17), the agribusiness area posted a development of 3.5 for every penny, which was a positive sign and ascribed the development to motivator bundle declared in the last spending plan to the agriculturists.

The priest said that approach rate has been decreased to 5.75 percent, which was at the most reduced level in most recent 45 years

Financial Survey is the pre-spending report highlighting the over all execution of economy amid the active monetary year. Giving a reasonable input and reason for future panning.

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