“Pakistan achieves 5 percent GDP growth”

Pakistan achieves 5 percent GDP growth | PakistanTribeISLAMABAD – Finance Minister Ishaq Dar said the government is following economic reform agenda and nearly all economic indicators are on track.

Chairing a meeting with IMF delegation in Dubai‚ he said the first quarterly results of economic growth indicate that GDP has shown a growth of 5 percent in the first quarter as compared to 2.9 percent of the same period last year.

He said exports are showing positive result at 3.2 percent over last year.

The Minister said this was achieved due to government’s prudent expenditure management‚ effective monetary policy and close monitoring of inflation indicators.

The IMF mission chief Jeffery Franks appreciating efforts of the government said macro-economic situation of Pakistan is favouarble.

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