to 2.79 pc during July-April FY 2016 compared to 4.81pc of the corresponding period last year.
The industrial sector during FY 2016 recorded a remarkable growth of 6.8pc against the target of 6.4pc and is all time high in eight years.
The construction activities also recorded an impressive growth of 13.10pc.
The LSM sector which contribute 80pc in Manufacturing and 51.8pc in industrial sector also registered an impressive growth of 4.70pc during July-March FY 2016 compared to 2.81pc of last year
The unemployment rate has seen a decline from 6.2pc in FY 2013 to 5.9pc in FY 2015.
The capital market reaching historical levels is another sign of investor’s interest in Pakistan’s economy. Pakistan stock exchange is taking a quantum leap and its market fundamentals are strong and all set to joint MSCI Emerging Market Index in June 2016.
Under Crop Loan Insurance Scheme an amount of Rs500m has been allocated for FY 2016. A number of measures which include, Credit Guarantee Scheme for Small and Marginalized farmers, Crop Loan insurance Scheme and Livestock Insurance Scheme have been taken as per agenda of the government to protect the farmers from vagaries of market fluctuations, and support them in the face of natural calamities.
Poverty rate has come down as estimated on both old and new methodology.
The literacy rate has also improved to 60pc in FY 2016 as compared to 58 pc in FY 2014.
National Health Insurance programme has been launched where poor families will be provided with free of cost health insurance to access secondary as well as primary diseases treatment without any financial obligation. About 10 million people will be benefited from this insurance scheme in the first phase which will get free of cost medical treatment.