Pakistan revises up 2020-21 GDP to 5.37 percent from 3.9 percent

A shopkeeper fixes the price tag of rice at his shop in a market in Karachi on June 10, 2021. (AFP/ File)
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Updated 20 January 2022
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Pakistan revises up 2020-21 GDP to 5.37 percent from 3.9 percent

  • The country’s planning minister says the revised percentage has been approved by the National Accounts Committee
  • This is the second time the government has revised the GDP rate from 2.3% set in the 2020 annual budget

ISLAMABAD: Pakistan on Thursday revised up its economic growth rate for 2020-21 to 5.37 percent from 3.9 percent, minister for planning and development said.
“The growth in 2020-21 was 5.37 percent,” said Asad Umar in a tweet, adding the National Accounts Committee (NAC) approved the revised estimate of GDP growth.

The NAC is a government body that reviews the economic indicators.
This is second time the GDP rate for 2020-21 has been revised, from an initial 2.3 percent set in the 2020 annual budget, and then to 3.9 percent by the central bank.

 


Pakistan to send over 10,000 workers to Italy over three years after securing employment quota

Updated 27 December 2025
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Pakistan to send over 10,000 workers to Italy over three years after securing employment quota

  • Government says Italy will admit 3,500 workers annually under seasonal and non-seasonal labor schemes
  • It calls the deal a 'milestone' as Italy becomes the first European country to allocate job quota for Pakistan

ISLAMABAD: Pakistan has secured a quota of 10,500 jobs from Italy over the next three years, an official statement said on Saturday, opening legal employment pathways for Pakistani workers in Europe under Italy’s seasonal and non-seasonal labor programs.

Under the arrangement, 3,500 Pakistani workers will be employed in Italy each year, including 1,500 seasonal workers hired for time-bound roles, and 2,000 non-seasonal workers for longer-term employment across sectors.

The Ministry of Overseas Pakistanis and Human Resource Development said Italy is the first European country to allocate a dedicated labor quota to Pakistan, describing the move as a milestone in Pakistan’s efforts to expand overseas employment opportunities beyond traditional labor markets in the Middle East.

“After prolonged efforts, doors to employment for the Pakistani workforce in Italy are about to open,” Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain said, calling the quota allocation a “historic milestone.”

The jobs will be available across multiple sectors, including shipbreaking, hospitality, healthcare and agriculture, with opportunities for skilled and semi-skilled workers in professions such as welding, technical trades, food services, housekeeping, nursing, medical technology and farming.

The agreement comes as Pakistan seeks to diversify overseas employment destinations for its workforce and increase remittance inflows, which remain a key source of foreign exchange for the country’s economy.

The ministry said a second meeting of the Pakistan-Italy Joint Working Group on labor cooperation is scheduled to be held in Islamabad in February 2026, where implementation and future cooperation are expected to be discussed.