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Pakistan achieves 6% GDP growth: Economic Survey 2021-22

Islamabad: On Thursday, the incumbent government reflected upon the performance of the economy for the outgoing fiscal year with a growth of 6% against the envisaged target of 4.8%

Pakistan achieves 6% GDP growth: Economic Survey 2021-22

Islamabad: On Thursday, the incumbent government reflected upon the performance of the economy for the outgoing fiscal year with a growth of 6% against the envisaged target of 4.8%. Finance Minister Miftah Ismail chaired the launch ceremony of the Economic Survey 2021-22. The survey document released by the Ministry of Finance noted that though the economy recovered from the pandemic (a 0.94% drop in FY20) and maintained a V-Shaped recovery by posting real GDP growth of 5.97% in the fiscal year 2022, this high growth was "unsustainable" and had resulted in "financial and macroeconomic imbalances".

Alina Hashmi

Journalist

Staff correspondent covering Business and national affairs for Pakistan Times Today.

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