Times of Islamabad

Pakistan sees 2019 GDP growth at 3.3pc, sharply below target

Pakistan sees 2019 GDP growth at 3.3pc, sharply below target

ISLAMABAD: Pakistan’s Finance Ministry expects economic growth in the financial year ending in June to hit 3.3pc, well below a target of 6.2pc  set last year, with key sectors all performing worse than expected, according to a planning document seen by Reuters.

The planning commission document, due to be published officially on Monday ahead of the budget on June 11, sets a target of 4pc  growth for the 2020, financial year, which is expected to see tough austerity measures under a bailout agreement with the International Monetary Fund.