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Q 1:With the help of table1 below, discuss the economic performance of Pakistan during FY19 & FY20 (FY19). Highlight the good/bad achievements during the year

Q 1:With the help of table1 below, discuss the economic performance of Pakistan during FY19 & FY20 (FY19). Highlight the good/bad achievements during the year and provide the reasons also.

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FY19 FY 20 Table 1 FY17 FY18 FY19 Target Actual Real GDP Growth Rate 5.2 5.5 6.2 3.3 -0.4 Agriculture Growth Rate 2.2 3.9 3.8 0.8 2.7 Industry Growth Rate 4.6 4.9 7.6 1.4 -5.6 Services Growth Rate 6.5 6.2 6.5 4.7 -0.6 CPI inflation Rate 4.2 3.9 6 7.3 11.2 Current a/c balance as % of GDP -4.1 -6.3 -4 -4.8 1.1 Gross public debt as % of GDP 67 72.1 68 84.8 105%Table 2 FY17 FY18 FY19 Fy20 Exchange rate 104.6971 109.8444 136.0901 165 Money Multiplier 3 2.9 2.7 2.8 Money supply Growth 13.7 9.7 11.2 8.5 Interest rate 6.25 7 12.75 6.5 Total Govt. Revenue (Rs. Billion) 4,549.00 4,696.20 4,435.60 4689.9 Total Govt. Expenditures(Rs. Billion) 6,800.50 7,488.40 8,345.60 6376.1 Fiscal Deficit as % of GDP -5.8 -6.5 -8.9 -6.8 Interest Payment (Domestic) Rs. Billion 1,220.30 1,322.60 1,820.80 1880 Interest Payment (Foreign) Rs. Billion 128.2 177.3 270.3 290.6 Exports ($ Million) 20,422 23,212 22,958 19.7 Imports ($ Million) 52,910 60,795 54,763 46.5 BOP ($ Million) -12,621 -19,897 -13,508 -5229 Total Debt as % of GDP 75.4 82.1 97.9 105%

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