Pakistans Economy Grew at 5.28 Percent in FY17

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By MG News | May 25, 2017 at 03:12 PM GMT+05:00

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The finance minister shared key economic indicators and performance of different sectors of economy with the media, highlights include:

  • Pakistan's Economy Grew at 5.28 percent against a target of 5.70 percent
  • The industrials sector grew 5.02, Agriculture 3.46 and Services 5.98 percent
  • Budget deficit registered at 3.7 percent
  • FDI increased by 12.4 percent
  • Pakistan's economy crossed the $300 billion mark
  • Unemployment is at 5.9%
  • Govenment targeting 6pc growth for next year
  • Next Budget to focus on exports and Current Account Deficit to be curtailed
  • Agriculture to become a priority in next budget

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