Pakistan Economy quarterly report released by SBP

Pakistan Economy quarterly report released by SBP

The State Bank of Pakistan (SBP) has in its quarterly report on economy released on Friday said the growth in real GDP remained at its upward trajectory, and increased to a decade-high of five point three percent in current financial year.

The report said economic indicators like private sector credit and investment also posted encouraging picture, whereas inflation remained below the target.

The report also highlighted revival in agriculture sector during current financial year, which was supported by favourable policy measures, including subsidy on fertilizer, reduction in sales tax on tractors, and increased access to finance.   

The report further said public sector development programme and CPEC activities also continued to boost construction related industries.

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