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Reading: Growth rate to be over 4%: Hopes Dar
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PhotoNews Pakistan > Business > Growth rate to be over 4%: Hopes Dar
BusinessPakistan

Growth rate to be over 4%: Hopes Dar

Web Desk
By Web Desk Published May 5, 2014 1 Min Read
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Finance Minister Mohammad Ishaq Dar has expressed the hope the national economy would grow by over 4 per cent during the current fiscal year (2013-14).

Inflation would remain in a single digit spurred by growth in both agricultural and industrial sectors, Dar said while addressing the First Business Session at 47th annual meeting of Asian Development Bank (ADB) Board of Governors in Astana, Kazakstan.

Dar said the fiscal deficit had been restrained to around 6 percent through an increase in revenues and reduction in expenditures along with positive growth in exports and remittances.

“Necessary domestic reforms were being undertaken along-with government preference for regional integration through increased connectivity and enhanced preferential arrangements,” he added.

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