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Tag Archives: Economy expands by paltry 1pc in second quarter

Economy expands by paltry 1pc in second quarter


March 29, 2024

ISLAMABAD: Pakistan’s gross domestic product witnessed a meagre expansion of one per cent in the second quarter of 2023-24 compared to 2.2pc in 2QFY23 mainly due to a contraction in the industrial sector. The agriculture sector contributed the most to the nominal growth in the second quarter, followed by the services sector which also grew nominally. It was also far …

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