Shaukat Tarin congratulates PM Imran for strong GDP growth

Dunya News

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”.

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.

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.