Home Business Pakistan’s GDP growth remained 6pc

Pakistan’s GDP growth remained 6pc

1 min read

ISLAMABAD, June 09(ABC): The country’s economic growth rate has reached 6% against the target of 4.8%.

According to the outlines of the National Economic survey  the economic growth was higher than the target while the inflation exceeded the target of 8%.

The growth rate of inflation is more than 13% and the growth rate in agriculture was 4.4% while in industry it was 7.2% and in the services sector it was 6.2%.

The survey further stated that, the growth rate in major industries was 10.5%, power generation and distribution rate was 7.9%.

On the other hand, the growth rate in communications and transport was 5.4%, per capita income was Rs. 246,414 in 11 months.

The country’s exports stood at a record $29 billion, with the education sector growing at 8.7%.

Load More Related Articles
Load More By Editor in Chief
Load More In Business
Comments are closed.

Check Also

Pakistan, KSA sign historic strategic mutual defence deal

Prime Minister Shehbaz Sharif met Saudi Crown Prince Mohammed bin Salman at Yamama Palace …