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Home Breaking News

Pakistan’s LSM growth in Sept is 10pc more than last year: Asad Umar

byCT Report
13/11/2020
in Breaking News, Business, Latest News, Slider News
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ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has on Friday said that Pakistan’s large-scale manufacturing has shown robust growth with more than 7 percent jump in July to September as compared to last year.

The federal minister took to Twitter and said September growth is more than 10% versus last year September. He said all signs are of strong economic recovery but also warned that the biggest risk is if we allow covid to increase by making poor choices.

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Asad Umar added that India’s economy has suffered recession for 1st time since its independence, with a 23.9% and 8.6% contraction in last 2 quarters.

He said this is what happens when you mishandle Covid. Pakistan must not allow our success and its economic benefit to be squandered by lowering our guard, he remarked.

 

 

 

 

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