Highlights of Economic Survey 2019-20

Trump's foreign policy: Buy Greenland and end the Ukraine war

* Fiscal deficit increaHighlights of Economic Survey 2019-20 * Highlights of Economic Survey 2019-20 sed to 9.1% * Total expenditures increased by 15.8% * Total revenues increased by 30.9% * Current expenditure increased by 16.9% * Development expenditure increased by 14.2% * Non-tax revenues increased 159.9% * Direct tax collection increased by 14.1% * Provisional government revenues increased by 12.2% * SBP reduced policy rate by cumulative 525 bps * NFA of banking sector increased by Rs 893.7 billion * NDA of banking registered expansion of Rs587.6 billion * Net govt borrowing increased Rs911.7 billion * Govt borrowing increased by Rs1023.9 billion * KSE-100 index registered modest growth of 0.61% * CPI averaged at 10.9% during Jul-May * Urban food inflation recorded at 13.6% * Rural food inflation recorded at 16.0% * Whole Sale Price Index recorded increased by 11.1% * Sensitive Price Index recorded an increase of 14.0 % * Exports decreased by 3.9% in Jul-April * Imports reduced by 16.2% in Jul-April * Trade deficit contracted by 29.5% * Remittances increased by 5.5% * Net FDI increased by 126.8% * Foreign exchange reserves stood at $18.7 billion * Average exchange rate remained Rs157.1 to a Dollar * Eduction enrollment increased by 7.1% * Agriculture sector grew by 2.67% * Cotton production reduced 6.9% * Wheat production grew by 2.5% * Rice production increased by 2.9% * Sugarcane production reduced by 0.4% * Industrial sector grew by 2.64% * LSM sector growth decreased by 5.4% * Fertilizers production grew by 5.81% * Leather products increased 4.96% * Rubber products increased by 4.31% * Auto mobile production decreased by 36.50% * Wood products decreased by 22.11% * Coke and petroleum products decreased by 17.46% * Mining and quarry sector decreased by 8.82%

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