Twirp : Terrorist Wahabi Islamic Republic Pakistan 3

[Naresh]

<b>Decline in wheat production to lower GDP growth</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->KARACHI : <b>The GDP growth rate of Pakistan is expected to decline further as the wheat production target would be missed by 6.8 percent, initial estimates of wheat production show.

Federal Committee on Agriculture (FCA) on Thursday informed that initial estimates showed 23.3 million tonnes wheat production against the target of 25 million tonnes.</b>

Any change in the agricultural productivity sends a ripple effect throughout the economy affecting the vital macroeconomic indicators.

This decline in production is in spite of the fact that the wheat sowing target was surpassed. The government had fixed the target of wheat sowing at 8.610 million hectares, while wheat is sown on 8.749 million hectares, an increase of 1.61 percent.

<b>“The GDP growth would further decline to 2 percent, which is the lowest in the past 38 years of Pakistan’s history,” Dr Shahid Hassan Siddiqui said while talking to Daily Times.</b><!--QuoteEnd--><!--QuoteEEnd-->

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