Tag Archives: Textile

LSM growth in fy2021

LSM growth in fy2021

According to the Economic Survey of Pakistan FY2021, a robust manufacturing sector promotes domestic production, exports and generates employment, hence stimulates the overall growth of an economy. The manufacturing sector in Pakistan contributes 12.79 percent to Gross Domestic Product (GDP) …

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Likely impact of budget on capital market

Likely impact of budget on capital market

Federal Budget FY22, prioritize a mix of growth and stabilization, targets GDP growth at 5.0% with tax collection at PkR5.83 trillion. Also aims at limit FY22 budget deficit to 6.3% of GDP. Incentivizing value added sector and reducing duties may …

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Manufacturing in decline

Manufacturing in decline

For the economic growth and development, the economists revealed that the manufacturing has been considered as the main engine. They have said that productivity is higher in the manufacturing sector than in the agricultural sector. Manufacturing is also assumed to …

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