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Pakistan sees highest economic growth in 11 years

Pakistan Forward

ISLAMABAD -- The Pakistani government Monday (April 9) announced the country's economy is growing at a rate of 5.79% per year, the highest in 11 years, Dawn reported Tuesday (April 10).

The estimated rate is slightly lower than the 6% target for 2017-2018. A final growth rate will be finalised later in the year.

Fifteen out of 20 key growth indicators were on target, said the National Accounts Committee (NAC) in a meeting.

Based on provisional data from the 2017 census, officials estimate annual per capita income at Rs. 180,204 ($1,556) for 2017-2018, higher than the fiscal-2017 figure of Rs. 162,230 ($1,401).

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