Economic Activities Witness a Slowdown in FY19: SBP
From the Blog propakistani Economic activities in Pakistan have slowed down in the current financial year 2018-19 with sluggish performance of key contributing sectors, showing that the GDP growth rate is going to further decrease to 4 percent. The State Bank of Pakistan's quarterly report "The State of Pakistan's Economy" mentions that it has revised down its projection for real GDP growth during FY19 by 0.5 percent to 3.5-4.0 percent. Factors Affecting GDP Growth Real GDP growth during FY19 is likely to moderate significantly, mainly due to a slowdown in the growth of the agriculture sector and stabilization measures taken to preserve macroeconomic stability. This is in line with a further contraction in LSM during Q2-FY19. Moreover, given that public development spending, a key driver for private sepakistanblogs.blogspot.comRead Full Post
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