ISLAMABAD, Jun 10 (APP): Minister of State for Information and Broadcasting Farrukh Habib Thursday said that the JP Morgan had asked the investors for investing in Pakistan to reap benefits of its improved economic situation.
دنیا کے بڑے سرمایہ کاری کے مالیاتی ادارے JP Morgan نے اپنی رپورٹ جاری کردی۔اپنےسرمایہ کاروں کا کہا گیا کہ پاکستان میں سرمایہ کاری کریں یہاں معاشی حالات بہتر ہورہے ہیں۔جے پی مورگن نے 2021 میں پاکستان کی جی ڈی پی کی شرح 4.7 کی پیشگوئی کی ہے۔آئندہ سال معاشی حجم 329ارب ڈالرہوگا pic.twitter.com/DvgZVD2fqf
— Farrukh Habib (@FarrukhHabibISF) June 10, 2021
In a tweet, he said the world’s biggest institution of Investment and Financial services (JP Morgan), in its recent report, had predicted Pakistan’s GDP (Gross Domestic Product) growth at 4.7 percent for the fiscal year 2021-22. It also projected the volume of economy to around $329 billion during the next financial year, he added.
The minister said the report predicted decline in the fiscal deficit from current 7.1 percent to 5.9 percent of the GDP during the next financial year, and added that it would eventually bring down the GDP to debt ratio from 87.6 percent to 81.6 percent.