ISLAMABAD: Pakistan on Friday estimated provisional GDP growth for the 2020/21 financial year at 3.94per cent, almost double the IMF and World Bank’s forecasts, the planning ministry said.
“The provisional growth of GDP for the year 2020-21 has been estimated at 3.94per cent which is based upon growth estimates of the agricultural, industrial, and services sectors,” the ministry said in a statement.
The IMF has estimated GDP at 1.5per cent, and World Bank at 1.3per cent.
(Reporting by Asif Shahzad; Editing by Andrew Heavens)
Source: Reuters
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