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Pakistan sets 4.8per cent GDP growth target for 2021/2022 financial year - planning minister

Pakistan has set 4.8per cent GDP growth target for its 2021/2022 financial year, Planning Minister Asad Umar said on Friday.

The spread of the coronavirus disease (COVID-19), in Karachi
FILE PHOTO: A laborer pulls a hand cart as he delivers supplies to a nearby market, amid the outbreak of the coronavirus disease (COVID-19), in Karachi, Pakistan, June 12, 2020. REUTERS/Akhtar Soomro

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ISLAMABAD: Pakistan has set 4.8per cent GDP growth target for its 2021/2022 financial year, Planning Minister Asad Umar said on Friday.

Pakistan has said it was on course to achieve 3.94per cent GDP growth for the outgoing 2020/2021 year, double the IMF and World Bank projections.

"This growth is an indicator that the revival that has started is continuing its momentum," Umar told a news conference in Islamabad.

(Reporting by Asif Shahzad; editing by John Stonestreet)

Source: Reuters