Pak GDP Growth Predicted at 10% Over 10 Years

Researchers from Harvard University’s center for international development have predicted an average of 6% growth in GDP of Pakistan over next 10 years, APP reported. In a press statement issued here on Sunday, PML-N leader and Member Punjab Assembly Irfan Daultana said that it was because of economic stability brought by the PML-N government in the country. He said, “Sagacious economic policies of PML-N has won confidence of the world and various international institutions have acknowledged Pakistan as a fast growing economy”. He said that Pakistan’s GDP growth was recorded at 5.3% during the fiscal year 2016-17. He said that agriculture and services sectors got substantial growth. “Increase in agriculture growth is because the government provided easy loans and other facilities to the farmers. Agriculture sector saw a 9.7% growth till April 2017”, he added. He said that iron and steel products got 20.26 % growth, while automobile 11.41, pharmaceuticals 9.1%, electronics 15.11% etc.