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LSM expands 9pc to help Pakistan surpass GDP growth target: Tarin - Business

Finance Minister Shaukat Tarin unveiling the economic survey in Islamabad. – DawnNewsTV screengrab Finance Minister Shaukat Tarin unveiled the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the country post GDP growth of 3.94 per cent in the first 9 months of the fiscal year (July to March), significantly higher than the target of 2.1pc. According to the survey document, this came about largely due to growth in the industrial and services sectors, both of which surpassed the government s expectations. The minister, in his presser, highlighted growth in large-scale manufacturing (LSM) in particular, which he said expanded 9pc.

LSM expands 9pc to help Pakistan surpass GDP growth target: Shaukat Tarin - Business

Finance Minister Shaukat Tarin unveiling the economic survey in Islamabad. – DawnNewsTV screengrab Finance Minister Shaukat Tarin unveiled the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the country post GDP growth of 3.94 per cent in the first 9 months of the fiscal year (July to March), significantly higher than the target of 2.1pc. According to the survey document, this came about largely due to growth in the industrial and services sectors, both of which surpassed the government s expectations. The minister, in his presser, highlighted growth in large-scale manufacturing (LSM) in particular, which he said expanded 9pc.

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