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Business

Web Desk
May 25, 2017
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Economic Survey: GDP growth rate at 5.28%, size of economy increases to $304bn

Economic Survey: GDP growth rate at 5.28%, size of economy increases to $304bn

ISLAMABAD: The Economic Survey for 2016-17 unveiled by Finance Minister Ishaq Dar today recorded the GDP growth rate at 5.28 percent, increasing the size of the economy at $304 billion and per capita income at $1,629 during the outgoing financial year.

The minister provided an overview of the economic progress made in recent years in Pakistan. He highlighted the main features of the comprehensive reforms agenda undertaken by the present government, which has resulted in macro-economic stability and a 10-year high growth rate of 5.28 percent.

The minister will present the budget for FY 2017-18 tomorrow (Friday) on the floor of the National Assembly. In his budget speech, the minister will provide details of the revenue, expenditure and relief measures envisaged for the next fiscal year.

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