SBP releases second quarterly report on state of Pakistan s economy 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.
SBP says tax collection, industrial activity increased in outgoing fiscal year
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SBP report highlights strengthening of economic recovery during second quarter of the fiscal year.
SBP notes promising output of Kharif crops.
Large-scale manufacturing (LSM) grew by 7.6% during H1-FY21, states SBP.
The State Bank of Pakistan has released its second quarterly report on Pakistan s economy for the fiscal year 2020-21, noting that the country s industrial output and tax collection had increased. The report highlights the strengthening of the economic recovery during the second quarter of the fiscal year, reads the report. This was evident from the growing pace of industrial activity, promising output of major Kharif crops (with the exception of cotton), and a pick-up in the services sector during the review period.