Pakistan achieved 6% growth for two consecutive years (FY21, FY22): SBP

ISLAMABAD, Dec 21 (APP):Pakistan’s economy achieved a real GDP growth of around 6 percent, for a second consecutive year in FY22, says annual report on the country’s State of Economy released by the State Bank of Pakistan (SBP) on Wednesday. According to the report, the growth was broad-based as both agriculture and industry saw a… Continue reading Pakistan achieved 6% growth for two consecutive years (FY21, FY22): SBP

Gross public debt to GDP ratio falls in FY21

Workers’ remittances in July 2022

Although total public debt increased from Rs 36.398 trillion in FY20 to Rs 39.859 trillion in FY21, but keeping in view the GDP growth at a percentage of 3.9% during the period under review, the debt to GDP ratio declined considerably. According to the annual report “State of Economy 2020-21” released by State Bank of… Continue reading Gross public debt to GDP ratio falls in FY21

Exports to Australia surge by 33pc in FY21: Razak Dawood

ISLAMABAD, Jul 7 (APP): Adviser to Prime Minister of Commerce and Investment Razak Dawood said on Wednesday that Pakistan’s exports to Australia increased by 33 percent during the fiscal year 2020-21 as against the exports of the previous fiscal year (2019-20). In a tweet, the adviser said that the country’s exports to Australia were recorded… Continue reading Exports to Australia surge by 33pc in FY21: Razak Dawood