Modest gains in GDP, per capita income indicate recovery in output, government says

ISLAMABAD: Pakistan’s gross domestic product (GDP) and per capita income increased in dollar terms at a modest pace, indicating a recovery in the country’s overall output compared to the previous year, the government said on Wednesday. It was revealed that the country’s economy is expected to grow by 3.70 per cent in the current fiscal year, a revision from earlier projections of 4pc, suggesting that Pakistan will fall short of its GDP target. The provisional growth rates in agriculture, industr...