World Economy

Pakistan Targets 5.5% GDP Growth

Pakistan Targets 5.5% GDP GrowthPakistan Targets 5.5% GDP Growth

Pakistan, which has for the first time completed all reform steps of the International Monetary Fund, is back on track to attain macro-economic stability and aims a GDP growth of 5.5% this year, Finance Minister Muhammad Ishaq Dar has said, DNAIndia reported. In 2013, Pakistan was facing challenges of unstable macro-economic situation with the GDP growth at only 3%, foreign reserves below $8 billion, spiraling circular debt, crippling energy shortages and fiscal deficit of 8.8%, Dar said while addressing the closing ceremony of an event at the Governor’s House.


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