Last Updated on: 19th July 2023, 06:54 am
The federal government has decided to present the next budget for the 2022 financial year on June 11, 2021.
The reports say the Prime Minister has approved the deadline for submitting the 2021-22 budget and has focused on launching special programs for Karachi, Balochistan, and Gilgit-Baltistan. The next economic study for 2020-21 will be published on June 10, 2021, and will describe the economic successes in the past financial year in detail.
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Planning and Development Minister Asad Umar said on Friday that Pakistan’s GDP growth was 3.94 percent, Planning and Development Minister Asad Umar said on Friday.
The national accounts committee has finalized the GDP growth estimate. Alhamdulillah the GDP growth has come in at 3.94%. This growth in a period in which covid placed a huge challenge to the economy is extremely gratifying & proof of success of @ImranKhanPTI economic policies
— Asad Umar (@Asad_Umar) May 21, 2021
He said GDP growth at a time when COVID-19 is a major challenge to the economy is extremely gratifying and a testament to the success of Prime Minister Imran Khan’s economic policies. In another tweet, Asad Umar said Pakistan’s per capita value rose 13.4 percent this year, from $1,361 to $1,543, indicating a combination of GDP growth and the strengthening of the Pakistani rupee against the U.S. Dollar.
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“Total GDP rose from $263 billion to $ 296 billion, an increase of $ 33 billion. This is the highest increase ever recorded in a year,” he added.
