ISLAMABAD: In line with the International Monetary Fund (IMF) programme to obtain $6.6 billion bailout package, Pakistan has decided to release GDP growth figures on quarterly basis, first time in the country’s history from the current financial year, official sources said.
“The GDP growth figures for the first quarter (July-Sept) will be released by the end of November or early December this year. It will be the first-ever in the country’s history when quarterly figures of GDP will be released in line with the international standards,” official sources in Finance Division confirmed to The News on Tuesday.
When contacted, Chief Statistician of the Pakistan Bureau of Statistics (PBS) said that they will release quarterly GDP growth figures by late November or early December this year.
When asked whether the release of GDP growth on quarterly basis is part of the IMF programme, he said that it was own priority and commitment, which they conveyed to the IMF and it was not part of any condition imposed by the IMF.