Economic growth rate increased from -0.21 percent to -0.22 percent in the last fiscal year


Islamabad: The federal government has released the revised economic growth rate data for the previous fiscal year 2023-24.
According to the Ministry of Planning, the growth of agriculture and services sectors has increased after the final data of the fourth quarter.
According to the statement, the National Accounts Committee has approved the revised economic data for the last financial year. The economic growth rate was 2.52 percent last fiscal year, while the target was set at 3.5 percent.
According to the data of the Ministry of Planning, the growth of the agricultural sector was recorded at 6.36 percent in the last financial year. Earlier, the growth of the agricultural sector for the last financial year was approved at 6.25 percent, while the target was 3.5 percent.
According to the statement, last fiscal year growth of the industrial sector was -1.15 percent, which was set at 3.4 percent. The growth of the services sector was 2.15 percent in fiscal year 2023-24 and the target was 3.6 percent.
According to the data, the economic growth rate increased from -0.21 percent to -0.22 percent in the last fiscal year of the coalition government.

Gold rates fall sharply across Pakistan
- 6 hours ago

US signs pact with Open AI to enhance military strength
- 7 hours ago

New polio case reported in KP
- 4 hours ago
China develops mosquito-sized drone for military use
- 7 hours ago

Sindh govt to produce film on Abdul Sattar Edhi’s life
- 7 hours ago
Pakistan beat France in FIH Nations Cup thriller
- 6 hours ago
US withdraws jets from Al-Udeid Airbase over Iranian strike fears
- 3 hours ago
WhatsApp announces its biggest-ever change: Ads coming to the app
- 4 hours ago

Three tourists killed by glacier collapse in Naran
- 6 hours ago

121 Pakistanis stranded in Iran reach homeland via PIA special flight
- 5 hours ago
Karachi hit by another low-intensity earthquake
- 5 hours ago
Jawad Ahmed responds to Fiza Ali’s ‘dhobi’ remark
- 5 hours ago