Salient features of Pakistan ‘s Economic Survey 2018-19

Economic Survey of 2018-19 

- Pakistan’s economic growth in the financial year ending in June is expected to hit 3.3 per cent, well below the target of 6.3pc set by the previous government.

- The industrial sector that registered a growth of 1.4pc against the target of 7.6pc despite the fact that power generation witnessed an increase as several power plants and other power sector projects were completed.

-The  manufacturing sector slid by 0.3pc and the large scale manufacturing (LSM) showed a negative growth of 2pc against the target 8.1pc.

-The service sector grew by 4.7pc against the target of 6.5pc, while the construction sector achieved the growth of 7.6pc against a 10pc target.

-The livestock sector that grew by four per cent against the target of 3.8pc though policies of the previous government at Centre and in the provinces played a key role in this regard.

-The agriculture sector grew by only 0.8pc against a 3.8pc target, the massive decline was mainly attributed to unfavourable weather conditions.

Report yet to release some of its details were learnt by Dawn on Saturday.

Source : Dawn, June 9th, 2019

A.A.Saeed

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