LSM sector witnesses 7.4% increase in 1st half of current fiscal year: Farrukh

ISLAMABAD, Feb 18 (APP): Minister of State for Information and Broadcasting Farrukh Habib Friday said the Large Scale Manufacturing (LSM) sector had witnessed 7.4 per cent increase during the first half of the current fiscal year (July-December 2021). The minister, in a tweet, said the growth in production of large industries helped in boosting economic… Continue reading LSM sector witnesses 7.4% increase in 1st half of current fiscal year: Farrukh

Country’s exports, large scale manufacturing witness record growth: Gill

ISLAMABAD, Nov 03 (APP): Special Assistant to the Prime Minister on Political Communication Dr Shahbaz Gill on Wednesday said country’s exports, construction and large scale manufacturing witnessed record growth despite worse global recession. In a tweet, he said textile exports had reached at historic level. Hunger Index had also improved significantly besides sharp decline in… Continue reading Country’s exports, large scale manufacturing witness record growth: Gill

Industrial output grows by 2.25% in July

The Large Scale Manufacturing Industries’ (LSMI) production grew up by 2.25 percent during the first month of current fiscal year (July) as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported. The LSMI Quantum Index Number (QIM) was recorded at 138.01 points during July 2021 against 134.97 points during July… Continue reading Industrial output grows by 2.25% in July

LSM sector grew at 16 years high level of 14.85 percent in FY 2021: Dawood

ISLAMABAD, Aug 16 (APP):Prime Minister, Adviser on Commerce and Investment, Abdul Razak Dawood on Monday said the Large Scale Manufacturing (LSM) sector grew at 16 years high level of 14.85 percent in FY 2021. The de-industrialization that was taking place in Pakistan has now been reversed and this has been made possible government’s pro-industry policies,… Continue reading LSM sector grew at 16 years high level of 14.85 percent in FY 2021: Dawood

Fiscal deficit contained at 3.5 pc in 8 months

ISLAMABAD, Apr 28 (APP): Owing to the government’s efforts, the fiscal deficit during the first eight months (July-February) of the current fiscal year has been contained at 3.5 percent of the Gross Domestic Product (GDP).“Despite higher mark-up payments and COVID-related expenditures, the fiscal sector continues to perform better as a result of the government’s efforts… Continue reading Fiscal deficit contained at 3.5 pc in 8 months

LSM grows 5.5% in July-October

ISLAMABAD, Dec 15 (APP): The Large Scale Manufacturing during first four months of current fiscal year recorded a growth of 5.5 per cent as compared to the same period of last year. On Year-on-Year (YoY), the LSM recorded significant growth of 6.6 percent in October 2020 compared same month of the preceding year, Pakistan Bureau… Continue reading LSM grows 5.5% in July-October

Industry drives economic growth amid global recession: Hammad

ISLAMABAD, Dec 15 (APP): Federal Minister for Industries and Production, Hammad Azhar Tuesday said that Pakistan industry was driving economic growth and recovery at a time when the global economy was in deep recession. In a Tweet, he said that the production of Large Scale Manufacturing (LSM) in the country increased by 5.46 percent during… Continue reading Industry drives economic growth amid global recession: Hammad

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