Shaukat Tarin congratulates PM Imran for strong GDP growth

Last updated on: 22 May,2021 05:53 pm

Shaukat Tarin congratulates PM Imran, his team for strong GDP growth

ISLAMABAD (Dunya News) - Federal Finance Minister Shaukat Tarin has congratulated Prime Minister Imran Khan and his team for a strong growth despite a tough IMF program.

Finance Minster in his tweet said “A strong V growth despite being in a tough IMF program, which was necessitated by unsustainable current account deficit and falling foreign currency reserves, and a vicious Covid 19. Well done team Imran khan”.

— Shaukat Tarin (@shaukat_tarin) May 22, 2021

Earlier the National Accounts Committee (NAC) on Friday had estimated the Gross Domestic Product (GDP) to grow by 3.94 percent during the current fiscal year 2020-21.

"Due to a combination of GDP growth and strengthening of Pak rupee against the US Dollar, per capita income of Pakistan jumped by 13.4 percent during the current fiscal year (2020-21) from $1361 to $1543", Minister for Planning, Development and Special Initiatives Asad Umar had said.

In a tweet he had said total GDP increase from $263 billion to $296 billion an increase of $33 billion which is the highest ever increase in any year.

— Asad Umar (@Asad_Umar) May 21, 2021

The minister had said after finalizing the GDP growth estimates, national accounts committee has estimated the growth at 3.94 percent in a period in which COVID placed a huge challenge to the economy. He had said the growth is extremely gratifying and proof of success of Prime Minister Imran Khan economic policies.