[Pakistan] First released data shows July-September GDP up 2.13%

The Pakistan Bureau of Statistics has announced that the nation’s economy grew 2.13 per cent in the July-September quarter compared to 0.96 per cent in the same quarter in 2022, Arab News reports.

The data for the first quarter of the 2023-2024 fiscal year that ends on June 30 marks the first release of quarterly gross domestic product data from the statistics body.

Its introduction has reportedly been approved by the National Accounts Committee as one of the structural benchmarks of the current $3 billion bailout agreed with the International Monetary Fund.

The Bureau of Statistics also revised the GDP figure for the 2022-2023 fiscal year that ended on June 30 down to a 0.17 per cent contraction from the 0.29 per cent growth that was previously reported.

Source: Arab News

The Pakistan Bureau of Statistics has announced that the nation’s economy grew 2.13 per cent in the July-September quarter compared to 0.96 per cent in the same quarter in 2022, Arab News reports.

The data for the first quarter of the 2023-2024 fiscal year that ends on June 30 marks the first release of quarterly gross domestic product data from the statistics body.

Its introduction has reportedly been approved by the National Accounts Committee as one of the structural benchmarks of the current $3 billion bailout agreed with the International Monetary Fund.

The Bureau of Statistics also revised the GDP figure for the 2022-2023 fiscal year that ended on June 30 down to a 0.17 per cent contraction from the 0.29 per cent growth that was previously reported.

Source: Arab News