Finance Minister Ishaq Dar will launch later today, the Pakistan Economic Survey 2013-14, which is expected to be a combination of missed targets and improved performance in various sectors.
The finance minister would, however, like to play up the ‘better than last year’s performance’ aspect and will be looking to build on hopes for ‘beginning economic revival’ going forward.
The GDP growth rate target was missed as it improved by 4.14pc instead of 4.4pc. It was, however, higher than the 3.7pc growth posted in FY 2012-13, the last year of the PPP’s tenure.
Except for industry, which exceeded its target for this year, the two other major sectors — agriculture and services — not only missed their targets but effectively pulled down the economic growth rate.