Business
Federal govt launches Economic Survey 2021-22
GDP growth far exceeds the target in all sectors in the outgoing year
Islamabad: Economic Survey for the outgoing financial year 2021-22 was launched at a ceremony in Islamabad on Thursday.
Federal Minister for Finance and Revenue Mr. Miftah Ismail chaired the launching ceremony of the Economic Survey at the Pak Secretariat in Islamabad.
According to details, the Pakistan Economic Survey contains performances of the various sectors of the economy including Agriculture, Industry, and Services.
It also highlights the performance of other sectors like energy, capital market, health, education, transport and communication, inflation, trade and payments, public debt, population, climate change, and social protection.
In the outgoing year, Gross Product (GDP) has exceeded the target of 4.8% and has been recorded at 9%, postering growth in agriculture, industries, and services sectors.
The agricultural sector registered 4.4% growth against the target of 3.5%, while the industrial sector posted 7.2% growth against the target of 6.6%. Services sector recorded6.2% growth against the target set at 4.2%.
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