Pakistan sets 4.8% growth target for next fiscal year

Islamabad (HRNW) The government has set a growth target of 4.8% for the next fiscal year, Planning Minister Asad Umar announced Friday.
The country recorded 3.94% growth this year, Umar said at a press conference in Islamabad.
It was driven by the production sector, according to the minister. The government is ensuring quality and sustained growth.
The main pillars of growth for the next fiscal year will be exports, industries, construction, IT, agriculture, poultry and remittances, he said.
About the cotton crop, the minister said it is estimated to yield 10.50 million bales in the next year due to provision of quality seeds and pesticides to farmers.
The country’s exports are expected to rise to $26.8 billion in the next fiscal year from $25.2 billion this year, he said.

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