Launching Ceremony : Pakistan Economic Survey 2022-23


June 08 : Finance Minister Senator Mohammad Ishaq Dar addressed the media persons at the launching ceremony of Pakistan Economic Survey 2022-23 along with Federal Minister for Planning & Dev Ch. Ahsan Iqbal and Federal Minister for Industries Syed Murteza Mehmood.

FBR Tax collection (Jul-May FY2023) grew by 16.1% to Rs. 6,210 bn (Rs 5,348.2 bn last year)
• Current account deficit (Jul-Apr FY2023) narrowed down by 76% to $ 3.3 bn ($ 13.7 bn last year)
• Trade deficit (Jul-May FY2023): contained by 40.4% to $25.8 bn (deficit of $ 43.4 bn last year)
• Imports (Jul-May FY2023): restricted to $ 51.2 bn ($72.3 bn last year), reflecting a decline of 29.2%
• IT sector posted a trade surplus of $ 1.72 bn in Jul-Mar FY2023, showing an increase of 16.7% compared to the last year
• The government repaid international commercial loans to the tune of $ 5,541 mn, out of which $ 4,541 mn were bank loans and $ 1,000 mn was international Sukuk maturity
• Bureau of Emigration & Overseas Employment has registered 8,29,549 workers for overseas employment in CY2022 as compared to 2,86,648 in CY2021 showing an increase of 542,901 workers
• Agricultural Growth: 1.55 %
i. Wheat production: 27.63 mn tonnes, 5.4 % increase
ii. Maize production: 10.18 mn tonnes, 6.9 % increase
iii. Sugarcane production: 91.1 mn tonnes, 2.8 % increase
iv. Cotton production: 4.91 mn bales, 41.0 % increase
v. Rice production: 7.32 mn tonnes, 21.5 % increase
vi. Livestock sector growth: 3.78 % increase

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