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Sunday, July 07, 2024  
30 Dhul-Hijjah 1445  

Govt sets 3.6% GDP growth target for next year

The growth rate remained at 2.38% last year

The federal government has laid out its growth targets for the next fiscal year as it prepares to present the budget.

According to the Annual Plan revealed by the Planning ministry, the government is eyeing a GDP growth rate of 3.6% in the next fiscal year.

The government is aiming for a 2.0% growth rate in agriculture, 4.4% for industry and 4.1% for services sector.

Agriculture had been the best performing sector last year with a growth rate of 6.3%, while industry and services grew at a measley 1.2% each.

The GDP growth rate had remained at 2.38% last year as per the Economic Survey.

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