ISLAMABAD, May 28 (APP): The Annual Plan Coordination Committee (APPC) on Friday endorsed the Gross Domestic Product (GDP) 4.8 percent growth forecast for the upcoming fiscal year (2021-22) developed by the Planning Commission.
Minister for Planning Development and Special Initiatives Asad Umar said, “This reflects the strength of growth momentum in the economy, while maintaining strong fundamentals”.
However, he said in his tweet that there was potential of even higher growth than the figure endorsed by the APPC.
The annual plan coordination committee has endorsed the GDP growth forecast for next year developed by planning commission of 4.8%. This reflects the strength of growth momentum in the economy, while maintaining strong fundamentals. There is potential upside to this growth also
— Asad Umar (@Asad_Umar) May 28, 2021