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.

US, China reach deal to slash reciprocal trade tariffs
- 14 hours ago

Chess completely banned in Afghanistan
- 14 hours ago

Sanam Saeed, Mohib Mirza expecting first child
- 13 hours ago
India reopens 32 airports after ceasefire with Pakistan
- 14 hours ago

Americans have tuned out Gaza at the worst possible moment
- 13 hours ago
Pak-India DGMO talks delayed till today's evening: Indian army
- 14 hours ago

Netflix is removing Black Mirror: Bandersnatch
- 15 hours ago
Trump plans to accept luxury 747 from Qatar to use as Air Force One
- 11 hours ago

Amber Heard gives birth to twins
- 14 hours ago

Firing kills two brothers in Sargodha
- 14 hours ago

4.9 magnitude earthquake hits Balochistan
- 15 hours ago

Gold price nosedives Rs10,400 per tola in Pakistan
- 11 hours ago