None of the economic targets set by the government have been achieved by the government, a private TV channel reported on Tuesday, citing Pakistan Economic Survey 2011-12.
According to Geo News, Finance Minister Dr Abdul Hafeez Shaikh would officially release the survey on May 31, and present a copy to Prime Minister Yousaf Raza Gilani on Thursday before its release.
The channel, claiming to have acquired a copy of the survey, said the report mentions that all the growth targets of agriculture, industry and services sectors have been missed. The economic growth remained at 3.7 percent despite a set target of 4.2 percent. The overall deficit stood at Rs 8.94 trillion which was Rs 7.71 trillion in FY 2011-12. Rs 47 billion were spent on external debt financing this year as compared to Rs 33 billion during July-March last year.
The trade deficit of the country surged exponentially, the survey said. It said imports had escalated to $37 billion against the total exports of $19 billion.
The budget for FY 2012-13 would be presented on June 1 before the National Assembly.
failed government bullshit
When copy pasting how about checking your statistics first.."The overall deficit stood at Rs 8.94 trillion which was Rs 7.71 trillion in FY 2011-12." Really?
Agar aisa hi chalta raha toh pakistan ko diwaliya hone me jyada waqt nahi bacha hai…..
Kanjar kaum kanjar govt.
Everything has fallen under this govt.
The single worst party in the country is ruling. The mafia, the corrupt & the illiterate. Burn & then hang them all.
ONLY ONE TARGET ACHIEVED.DESTROY POOR,DESTROY PIA,PSML,RAILWAYS,16.5 CRORE ,SAFAIDPOSHS,DESTROY ELECTRICITY,LOOT AND PLUNDER NATIONAL EXCHEQUER,DISOBEY SCP ORDERS,DIVIDE OPPOSITION,LIE,LIE AND LIE AND MAKE FOOL OF PEOPLE THROUGH PLIANT PPPZ,MQM MEDIA PERSONS IN GEO,DUNYA,EXPRESS,AAJ,CNBC,SAMAA,DIN,NEWSONE,ARY ETCETC.KEEP INCREASING PRICES OF DAILY ESSENTIALS AND UTILITY TARIFFS ON FRAUDULENT PRETEXTS.
Every one are corrupted in this kuta govt, including ANP, MQM, PML Q and any others.
Begerat Bhutto, Be sharam Benazeer, Kuta zardari..
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