Highlights of Pakistan Economic Survey 2015-16

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ISLAMABAD, Jun 2 (APP): Following are highlights of Pakistan
Economic Survey for the outgoing fiscal year 2015-16, launched by
Finance Minister Senator Muhammad Ishaq Dar here on Thursday:-
• Major achievements of outgoing fiscal year includes: picking up economic growth, price stability, improvement in tax collection, reduction in fiscal deficit, worker remittances torch new height, and foreign exchange reserves remained high
• GDP growth accelerates to 4.71 Percent in 2015-16 against 4.04 percent in the last year
• Agriculture sector accounts of 19.82 percent of GDP and 42.3 percent of employment with strong backward and forward linkages
• Agriculture sector recorded negative growth of -0.19 percent against growth of 2.53 percent last year
• Livestock contributes 58.55 percent of agriculture value addition
• The manufacturing growth registers 5.00 percent as compared to 4.81 percent last year
• Large Scale Manufacturing with the share of 80.11 percent, Small Scale Manufacturing with share of 13.12 percent and Slaughtering have share of 6.77 percent
• Small scale manufacturing witnessed growth at 8.21 percent against growth of 8.22 percent last year
• LSM registers improved growth of 4.61 percent as compared to 3.29 percent last year
• Share of construction in industrial sector is 12.29 percent
• Mining and quarrying sub-sector contains 14.19 percent share of industrial sector
• Electricity generation and distribution and gas distribution register growth at 12.18 percent
• Share of services sector in GDP has reached to 59.16 percent
• Services sector witnesses growth of 5.71 percent as compared to 4.31 percent last year
• Per capita income in dollar terms has reached to 1560.7
• Total investment records growth of 5.78 percent in 12016
• Total investment which was recorded at Rs.4256 billion in FY 2015 increased to Rs.4502 billion in FY 2016
• National Savings are 14.6 percent of GDP in YF 2016
• During July April FY 2016 net foreign direct investment crossed US$ 1 billion with growth of 5.4 percent

• Cotton production stood at 10.074 millions of bales
• Wheat production increased to 25,482 thousand tonnes in
FY 2016
• Rice production has decreased to 6,811 thousand tonnes
• Sugarcane production increased to 65,475 thousand tonnes
• Maize production decreased to 4,920 thousand tonnes
• In automobile sector such as buses, LCVs, trucks and jeeps and cars register growth of 81.95 percent, 68.53 percent, 41.68 percent and 29.73 percent respectively
• Mining and Quarrying sector grew by 6.8 percent in
FY2016
• Total expenditure of Rs.5,962.9 billion was estimated for the current fiscal year
• Total revenues stood at Rs.2,961.9 billion in July-March
FY 2016
• FBR tax collection increased to RS.2,346.1 billion during July-April FY 2016
• During current fiscal year, SBP decrease policy rate to low level of 5.75 percent
• Government sector borrowing (net) reached at Rs.567.5 billion during July-06th May FY 2016
• During the period July 2015-11th May 2016, Pakistan Stock Exchange bench mark-100 Index increased by 1,867 points and closed at 36,266.23 points level on 11th
May, 2016

• Inflation rate measured by the changes in CPI, averaged at 2.8 percent during July-April, FY2016 against 4.8 percent in the comparable period last year
• During July-March FY 2016, exports reached to US$15.6 billion dollars
• Public debt recorded at Rs.19.168 billion as at end
March 2016

• Literary rate of population is 60 percent as compared to 58 last year
• Total number of institute stood at 252.56 thousands during FY 2015
• Total number of teachers was recorded at 1.59 million in FY 2015
• Currently there are 1,167 hospitals, 5,695 dispensaries, 5,464 basic health units and 733 maternity and child heath centres in Pakistan

• Pakistan’s estimated population is 195.4 million in 2016 however, population was 191.71 million in 2015
• Life expectancy for female has improved from 67.3 year to 67.7 years in 2016
• Life expectancy for male has increased from 65.2 years to 65.5 years in 2016
• Total labour force increased from 60.10 million to 61.04 million in FY 2015
• Govt distributed 100,000 laptops in Phase-I among students studying in public sector universities
• Govt placing 50,000 internees in different public, private organisation in 2016
• Pakistan total road network is around 263,356 Kms which carries over 96 percent of inland freight and 92 percent of passenger traffic
• Length of NHA road network is around 12,131 Kms
• Pak Railway network comprises of 7,791 route Kms, 455 Locomotives, 1,732 passengers coaches, and 15,164 freight wagons
• During year 2015, the aviation industry experienced a growth of 5.5 percent in passenger business
• Almost 12 percent growth has been observed in real value addition of electricity generation and distribution and gas distribution during 2015-16
• Foreign Direct Investment in oil and gas exploration remained US$ 234.8 million in FY 2016
• BISP budgetary allocations has been enhanced to Rs.102 billion in FY 2016