Tuesday, 22 June 2021, 02:58:05 am
The exports, sales of automobiles, and production have witnessed increase

Dr. Abid Qayyum Sulehri (Economist): IMF predicted the GDP growth rate of Pakistan to 1.5%, and the government had itself expected the economy to grow by 2.1% this year. The prediction of State Bank of Pakistan was around 3% whereas the actual figure as per the economic survey is 3.94%, which is a great achievement. This became possible because of the policies of the government during smart lockdown. Role of NCOC in this regard cannot be ignored. The suggestions of the NCOC supported not only to contain Covid-19 impact, but also created an enabling environment for safe business activities. The exports, sales of automobiles, and production have witnessed increase. Imports, especially of food, increased sharply this year, putting significant burden on the balance of trade.