"Historically, private consumption had significantly contributed in Pakistan’s economic growth," says the Pakistan Economic Survey 2019-20, noting the pattern was likely to continue. "However, due to Covid-19, private consumption suffered significantly. In percentage of GDP, it dropped to 78.5 per cent in FY2020 compared to 82.9 per cent in FY2019.

"Private Investment as a percentage of GDP dropped to 9.98 per cent from 10.29 per cent in FY2019 while public investment (including General Government investment) has shown improvement as it remained 3.8 per centcompared to 3.7 per cent last year. However, there was 13.2 per cent growth in public investment (including General Government investment) during FY2020, while it declined by 21.6 per cent last year."

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