Pakistan's economy in shambles, all economic targets
Pakistan's economy in shambles, all economic targets
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Islamabad: Pakistan's Imran government has failed to achieve development goals in almost all sectors of the country's economy. According to the country's economic survey, Pakistan's economic growth is expected to be 3.3 percent in the fiscal year ending June, which is only about half of the target set by the previous government at 6.3 percent.

The financial survey of FY 2018-19 will be officially released on June 11, the day before the next budget is presented, but some of its details have been published by the local newspaper. According to data from the financial survey, livestock is the only sector in which the target set has registered a growth rate of four per cent against 3.8 per cent. The mean growth rate has been recorded higher than the target.

The industrial sector has registered a growth rate of only 1.4 per cent, the target set at 7.6 per cent, though the power generation has increased due to the installation of several power plants and the completion of other projects in the region. The growth rate of the service sector stood at 4.7 percent while the target was 6.5 per cent. The growth rate of the construction sector stood at 7.6 percent while the target was set at 10 percent.

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