Tag: Hafeez Shaikh

Hafeez Shaikh presents a fragile state of Pakistani economy

Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh presented the Pakistan Economic Survey 2019-20 on Thursday, highlighting the fragile state of the Pakistani economy in the outgoing fiscal year. Shaikh revealed that the GDP is expected to contract 0.38% in FY 2020 despite 2.67% growth in the agricultural sector, as the industrial and services sectors see growth of -2.64% and -0.59% respectively this year.