Planning Commission forecasts GDP to grow at 4 8% in FY22 dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
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May 28, 2021
ISLAMABAD: The Annual Plan Coordination Committee is all set to accord approval to Rs900 billion outlay for the federal development programme on Friday (today), including lunching of Special Regional Equalization Programme with an allocation of Rs133 billion for the upcoming budget.
The Planning Commission could not finalise the GDP growth projection for the next fiscal year as discussions were underway to fix the next fiscal year target between 4.5 to 5 percent after in-depth consultation and ownership of all stakeholders. The working paper was sent to ministries/ departments and provinces without envisaging the GDP growth figures on Thursday evening; however, inflation is projected at over 8.2 percent for the next fiscal year.