Salient Features of Pakistan Economic Survey 2021-22

Salient Features of Pakistan

Economic Survey 2021-22

Here, you will have the Salient Features of the Pakistan Economic Survey
2021-22.

For FY22, provisional GDP growth has been estimated at 5.97%.

The agriculture sector posted growth of 4.4% mainly due to 6.6% growth in
crops and 3.3% growth in livestock.
The industrial sector recorded a growth of 7.2% in FY22 compared to 7.8%
growth in FY21.
The services sector grew by 6.19% during the outgoing fiscal year.
LSM (July-March FY22) posted a growth of 10.4% (4.2% last year).
Exports (July-May FY22) increased by 27.8% to $ 28.8 billion ($22.6 billion
last year).
Imports (July-May FY22) grew by 44.3% to $72.2 billion ($50 billion last
year).
The trade deficit (July-May FY22) increased to $43.3 billion (a deficit of $27.4
billion last year).
Remittances (July-April FY22) increased by 7.6% to $26.1 billion ($24.3
billion last year).
FDI (July-April FY22) decreased by 1.6 % to $1455.6 million ($1480 million
last year).
The current account deficit (Jul-Apr FY22), stood at $13.8 billion ($0.5 billion
last year).
Total liquid foreign reserves exchange reserves as of June 2, 2022 held by
the country stood at $15.2 billion ($23.2 billion last year).
Meanwhile, reserves held by the State Bank of Pakistan (SBP) held $9.3
billion ($16 billion last year), and commercial banks $6 billion ($7.2 billion
last year).
Based on the consumer price index (Jul-May FY22), inflation was recorded at

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 Salient Features of Pakistan Economic Survey 2021-22

11.3% (8.8% last year).

Federal Board of Revenue (FBR) tax collection (Jul-May FY22) grew by
28.4% to Rs5348.2 billion (Rs4164.3 billion last year).
The fiscal deficit (July-April FY22) was recorded at 4.9% of GDP (Rs3,275
billion) against 3.6% of GDP (Rs2,020 billion last year).
The primary balance (Jul-April FY22) posted a deficit of Rs890 billion (a
surplus of Rs159 billion last year).
Private sector credit increased to Rs1,312.9 billion from July 1 to April 29,
FY22 against Rs454.4 billion last year.

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 Salient Features of Pakistan Economic Survey 2021-22

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