Economic recovery and growth LAHORE: The National Accounts Committee (NAC) came up with a GDP growth figure of 3.94% for FY21, which is based on provisional figures for the first nine months of the fiscal year. This news sparked debate between the government and opposition parties. The government is claiming that this achievement is the result of timely fiscal and monetary accommodation with the Covid-19 outbreak in Pakistan. In addition, the announcement and implementation of construction package played a significant role in bringing a V-shaped recovery. Even some ministers are of the opinion that the first two years of economic slowdown were the result of economic follies and mismanagement of the previous government and now the economy is on the path of growth.