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Summary Pakistan Economic Survey 2011-12 reveals none of economic targets set by govt were achieved.
Finance Minister Dr Abdul Hafeez Shaikh would officially release the Survey on May 31. A copy of the Survey would be presented to Prime Minister Yousuf Raza Gilani on Thursday before its release.Dunya News received details of Economic Survey, which said all the growth targets of agriculture, industry and services sectors have been missed.The economic growth remained at 3.7% despite a set target of 4.2%. The overall deficit stood at Rs8.94 trillion which was Rs7.71 trillion in FY 2011-12. Rs47 billion were spent on external debt financing this year as compared to Rs33 billion during July-March last year.The trade deficit of the country surged exponentially, the Survey said. It said imports have escalated to $37 billion against the total exports of $19 billion.
