Pakistan: Economic survey report to release today

Economic survey report to release on Monday (today). Pointers likely to carry in Economic Survey;
  • Economic growth for 2018-19 will be likely be 3.3% vs 6.3% target
  • Government sets economic growth target of 4% for 2019-20
  • Manufacturing sector slides by 0.3%
  • Government sets target of 2% for 2019-20
  • LSM show negative growth of 2% vs target 8.1%
  • LSM target for new fiscal year sets at 2.8%
  • Services sector grew by 4.7% vs target of 6.5%
  • Services sector likely to show growth of 4.8% in FY20
  • Construction sector negative trend, drop by 7.6% vs 10% target
  • Construction growth target for new fiscal year set at 1.5%
  • Agriculture sector grew by 0.8%
  • Agriculture sector growth target was set at 3.8%
  • For new fiscal year agri sector target set at 2.9%
  • Main commodity recorded a slide of 6.5%
  • Main commodities production for 2019-20 set at 3.5%
  • Other commodities output increased by 1.5%
  • In 2018-19 target set t 3.5%, for FY20 target is 3.5%
  • Cotton output decreased by 12.7%, vs 8.9% growth target
  • Cotton to grow by 3.1% in FY20
  • Livestock grew by 3% against target of 3.8%
  • Target for Livestock for 2019-20 set at 2.5%

Read also: Pakistan: Govt to slap more taxes in FY 2019-20 budget

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