Tag: GDP

Pakistan aims to grow its GDP by 4.8% in 2021-22

On Friday, the government presented its third budget, aiming to strike a balance between GDP growth and expenditures. In addition to a crippling budget deficit, Pakistan faces pandemic-induced poverty as well as economic recovery challenges. Budget outlays of Rs8.49 trillion are 19% higher than the revised figure of last year. However, no new taxes will be imposed on the salaried class.