ISLAMABAD: The National Economic Survey will be released tomorrow. The economic growth rate for the current financial year was 3.92%, the document said.
The economic growth target for the current financial year was set at 2.1 percent. The growth of the agricultural sector in the current financial year was recorded at 2.76. The agriculture sector was targeted at 2.8 percent, the document said.
Production growth of major crops in the current financial year was 4.6%, the document said. The key crop target for the current financial year was 1.9%. The livestock sector grew by 3.06% in the current financial year. The growth target for livestock for the current financial year was set at 3.5%. Growth target for forests and fisheries not achieved.
Forest department growth target of 1.4% recorded. The Forest Department’s growth target was set at 2.1 percent, the document said.
The production capacity of industries was targeted at 0.1%. The production capacity of industries for the current financial year stood at 3.5%. A growth target of 1.4% was set for power generation and gas distribution. The target for power generation and gas distribution could not be achieved.
The services sector grew 4.4 percent this fiscal year. The growth target for the services sector was set at 2.6%, the document said. Sugarcane production increased by 22% to over 81 million tonnes.
Wheat production increased by 8.1% to 27.293 million tons. Maize production increased by 7.4% to 84.65 million tons. Rice production increased by 13.6% to 8.419 million tonnes. Potato production increased by 30% to 57.42 million tons. Onion production increased by 8.60% to 2.34 million tons. Peanut production increased by 60% to more than 200,000 tons.
Vehicle sales in the first 10 months of the current financial year stood at 151,000 units. In the first 10 months of the last financial year, 98,986 vehicles were sold. Cement sales grew 21% in the first 10 months of the current financial year. 52 million tonnes of cement sold in the first 10 months of the current financial year
43.18 million tonnes of cement was sold in the first 10 months of the last financial year. Cement exports grow 24% in the first 10 months of the current financial year 8.7 million tonnes of cement exported in the first 10 months of the current financial year.
7.05 million tonnes of cement was exported in the first 10 months of the last financial year. In the first 11 months of the current financial year, petrol sales increased by 13 percent. In the first 11 months of the current financial year, 7.4 million tons of petrol was sold.
6.6 million tonnes of petrol was sold in the first 11 months of last fiscal year. Diesel sales up 11% in first 11 months of current fiscal. 6.9 million tonnes of diesel sold in the first 11 months of the current financial year
5.8 million tonnes of diesel was sold in the first 11 months of the last financial year. Furnace oil sales rose 45% in the first 11 months of the current fiscal year. 2.6 million tonnes of furnace oil sold in the first 11 months of the current financial year.
1.8 million tonnes of furnace oil was sold in the first 11 months of the last financial year. In the first 11 months of the current financial year, sales of petroleum products increased by 18%.
In the first 11 months of the current financial year, 17.52 million tons of petroleum products were sold. 14.8 million tonnes of petrol was sold in the first 11 months of the last financial year.
