The economic survey report described the growth in the country’s agricultural sector as encouraging. However, total debt has risen to 79.7% of GDP.
Finance Minister Shaukat Tareen presented the Economic Survey Report, according to which the growth rate in the agricultural sector was 2.77 percent while the target was 2.8 percent.
The Economic Survey report said that the output of key decisions was 4.65% while the growth rate of major industries was 8.99%.
According to the survey report, the output of large industries fell by 5.1% last year, and the financial sector faced challenges due to the corona virus.
According to the Economic Survey Report, tax collections increased by 14.4% during July-April, while non-tax revenue declined by 7.3% during July-March.
According to the report, the total debt exceeded Rs 38,000 billion till March, while in the first nine months of the current financial year, the debt increased by Rs 1607 billion.
According to the Economic Survey Report, by March 2021, domestic debt was recorded at Rs 25,552 billion and external debt at Rs 12,454 billion.
According to the report, total debt has risen to 79.7% of GDP.
According to the Economic Survey Report, Rs. 2104 billion was returned in interest in the first nine months of the current financial year.
According to the report, Rs 1934 billion was repaid in interest on domestic loans and Rs 170 billion in interest on foreign loans.