For long-term debt securities, the annual growth rate
increased from 2.8% in May 2019 to 3.1% in June.
The NAC also revised the economic growth rate
upward for the last year of the PML-N government from 5.2percent to 5.53percent.
According to IHS Markit, the global economic growth rate
for this year will be 2.8 percent, with the U.S.
In February this year, the PTI government cut the GDP growth rate
from 5.8% to 5.2% for the fiscal year 2017-18 claiming that the PML-N government overstated the growth rate
However, operating surplus continued to record negative growth rate
, declining by 2.47% and 3.44% in Q1 and Q2 2018 respectively.
Nevertheless, the GDP growth rate
during PML-N's last year, 2017-18, reached 5.8 percent, the highest ever in 13 years.
The growth rate
in Per Capita Income is also estimated at 6.1per cent during 2018-19, as against 5.4per cent in the previous year.
For the last 27 years the natural growth rate
per 1,000 people in the country has fallen to 8.9 (2017) from 19.8 in 1990.
China, one of Asia's economic giants with a growth rate
of 6.6 percent, has fallen behind in 2018 in comparison to 6.9 percent growth of 2017.
In July 2018, the annual growth rate
of credit to the private sector stood at -1.5% from -1.2% in the previous month.
It reported 2017 revenue of $7.6 million and a 312 percent three-year growth rate
. This was the third time the company has been named to the Inc.