ISLAMABAD: The federal government will launch the pre-budget document, Economic Survey of Pakistan 2021-22, on Thursday showing a robust gross domestic product (GDP) growth rate of 5.97%, with a higher current account deficit of over $13.7 billion, and a mixed trend of performance by the key macro economic indicators during the year.
The survey is scheduled to be shared with the media at a press conference during which an overview of the economic progress made last year in Pakistan will also be provided, official sources said.
The document will highlight the main features of the policies undertaken by the present government, which are focused on bringing macroeconomic stability and putting the economy on a growth trajectory.
The survey will cover the development of all the important sectors of the economy, including growth and investment, agriculture, manufacturing, mining, fiscal development, money and credit, capital markets, inflation, debt, and liabilities.
Most of the targets set for the outgoing fiscal year 2021-22 seemed to be achieved or even surpassed the previous years’ targets, as the macro economic indicators have shown good performance during the year. However, the performance of some sectors such as the balance of payment, foreign direct investment, and the fiscal deficit remained below average during the year.
