Pakistan’s real gross domestic product (GDP) grew by 4.1% in 2009-10 against the target of 3.3%, as noted by the National Accounts Committee (NAC).
The figures showed that the overall manufacturing sector performed well and recorded a growth of 5.1% this fiscal year compared with negative growth of 3.7% in 2008-2009.
The NAC meeting was held to review the performance of the key sectors. The latest figures showed electricity and gas consumption recorded a growth of 7.8% in 2009-10. The per capita income had been determined at Rs 35,216 on constant prices while the per capita income based on current prices would be determined in a few days, an official of the Planning Commission said.
The overall agricultural growth had been estimated at 2% in 2009-10 compared with 4 per cent growth in 2008-09. The major crops recorded a marginal negative growth of 0.2% in the current fiscal year compared to 7.3% growth last fiscal year.
However, production in the livestock sector rescued the agriculture sector and livestock production had been recorded at 4.1% compared with a positive growth of 3.5% 2008-09.
The construction sector witnessed growth of 15% against the negative growth of 11.2% in the last year. The services sector which had been a key contributor to GDP growth for several years posted a growth of 4.6% in 2009-10 compared with 1.6% growth in 2008-09.