PM attributes 3.94% GDP growth estimate to success of govt policies
PM attributes estimated 3.94% GDP growth to success of govt policies
ISLAMABAD (Dunya News) - Prime Minister Imran Khan on Friday said the country’s Gross Domestic Product (GDP) was estimated to grow at 3.94% during the current fiscal year (2020-21), which reflects the success of the PTI government’s economic policies while managing COVID-19 pandemic.
“National Accounts Committee [NAC] has finalized GDP growth estimate & GDP growth is estimated at 3.94%.This reflects the success of our govt’s economic policies while managing COVID 19 pandemic,” Imran Khan said in a tweet posted on Friday.
“Our V-shaped recovery is balanced between 3 major sectors: agriculture, industry & services,” he added.
— Imran Khan (@ImranKhanPTI) May 21, 2021
Minister for Planning, Development and Special Initiatives Asad Umar said in a tweet that, "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",.
He said that total GDP increased from $263 billion to $296 billion an increase of $33 billion which is the highest ever increase in any year.
The minister 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 said the growth is extremely gratifying and proof of success of Prime Minister Imran Khan’s economic policies.
