Economy recovers, posts growth of 2.13% in Q1: NAC estimates

ISLAMABAD, Nov 28 (APP): The economy of the country witnessed recovery during the first quarter (Q1) of the fiscal year 2023-24 and posted a growth of 2.13 percent as compared to the increase of 0.96 percent during the same period of last financial year (2022-23), according to the latest estimates of National Accounts Committee (NAC).… Continue reading Economy recovers, posts growth of 2.13% in Q1: NAC estimates

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NAC approves revised GDP growth of 5.3% for FY21 Asad Umar

Minister for Planning, Development, and Special Initiatives Asad Umar Thursday said the National Accounts Committee (NAC) had approved the revised Gross Domestic Product (GDP) growth of 5.37 percent for fiscal year 2020-21 (FY21). “This is the 2nd highest growth in last 14 years,” he said in his tweet. “The higher growth versus provisional estimates which… Continue reading NAC approves revised GDP growth of 5.3% for FY21 Asad Umar

Finance ministry rejects World Bank’s projection for Pakistan’s GDP growth

ISLAMABAD, Oct 8 (APP):The government on Friday rejected the World Bank’s projection about Pakistan’s Gross Domestic Product (GDP) growth rate for current and upcoming fiscal year saying it was based on unrealistic assessment and that the GDP growth rate for fiscal year 2021-22 would go up close to 5% against the WB’s forecast of 3.4%.… Continue reading Finance ministry rejects World Bank’s projection for Pakistan’s GDP growth

Call for adopting holistic approach to address cyber, network security challenges

PESHAWAR, Aug 28 (APP):Speakers at a five-day Hands-on Network Security training and workshop emphasized upon strengthening of national cyber security capabilities through development and well-coordinated mechanisms, implementation of security standards and regulations under a policy and legislative framework to mitigate cyber threats being faced by the country. They said that Pakistan should have a secure,… Continue reading Call for adopting holistic approach to address cyber, network security challenges

Govt to unveil Economic Survey 2020-21 on Thursday

Economic Survey 2021-22 to be unveiled on Thursday

ISLAMABAD, Jun 9 (APP): The federal government will launch the pre-budget document, Economic Survey of Pakistan 2020-21 on Thursday with a higher GDP growth rate of 3.94 percent and positive performance of almost all the macro economic indicators during the year. The Survey is scheduled to be shared with media at a press conference here… Continue reading Govt to unveil Economic Survey 2020-21 on Thursday

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