Economic growth this year was 4.2 percent: Economic Survey 2014-15

ISLAMABAD: The economic growth this year for Pakistan was 4.2 percent while the target was 5.1 percent, according to a copy of the Economic Survey for 2014-15 received by Geo News on Thursday.

The report goes on to say that floods, dharnas (rallies, sit-ins, protests), and law and order situation affected the growth rate.

Agricultural development was at 2.9 percent for the fiscal year 2014/15, as compared to the set target of 3.3 percent.

Finance Minister Ishaq Dar will release the Economic Survey for the outgoing fiscal year 2014-15 later today.

The Economic Survey is an important document which highlights performance of different sectors of the economy.

The Survey covers development of all the important sectors of economy, including growth and investment, agriculture, manufacturing, mining, fiscal development, money and credit, capital markets and inflation and debt and liabilities.