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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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