Answer to Question #168540 in Finance for Storm

Question

Write a detailed note on the economic performance of Pakistan economy in the last Fiscal year. Highlight the Sector in which the economy performed good and also highlight sectors which have not performed good. 

Answer 1

The federal budget of pakistan for the last fiscal year was on june 2020. The gross domestic product for the fiscal year was estimated at -0.38 percent as a result of decline in agricultural, industrial and services sector. It also highlighted that the economy performed poorly due to rise in inflation, unemployment among the youths and bad education.The economy also performed well in health sector, poverty alleviation, reduced government debts and also improved revenue collection.