“Pakistan’s economy surpassing last year’s growth rate (5.3 per cent) appears strong…GDP growth is likely to remain slightly below the target of 6 per cent (in fiscal year 2018),” the SBP said in the second quarterly report for FY18 on the state of Pakistan’s economy. “Pakistan’s economy surpassing last year’s growth rate (5.3 per cent) appears strong…GDP growth is likely to remain slightly below the target of 6 per cent (in fiscal year 2018),” the SBP said in the second quarterly report for FY18 on the state of Pakistan’s economy. Pakistan’s economy is set to surpass last year’s decade-high growth of 5.3 per cent in the current fiscal year 2017-18 but would remain short of the target set by the government, the country’s central bank said today. “Pakistan’s economy surpassing last year’s growth rate (5.3 per cent) appears strong…GDP growth is likely to remain slightly below the target of 6 per cent (in fiscal year 2018),” the SBP said in the second quarterly report for FY18 on the state of Pakistan’s economy. At the same time, exports may also surpass the target of USD 23.1 billion to a maximum of USD 24.6 billion.

Source: Indian Express April 07, 2018 10:39 UTC