Pakistan fully geared to achieve 7 percent GDP growth: Dar

Government of PakistanPakistan fully geared to achieve 7 percent GDP growth: Dar

PARIS, France: The Finance Minister Senator Ishaq Dar has said that Pakistan is fully geared to achieve six and seven percent gross domestic product (GDP) growth in next two financial years.

While addressing the participants of the forum of the foundation of strategic research on economic turnaround of Pakistan at Paris in France, the minister highlighted the economic performance of Pakistan, and informed that the country has achieved highest GDP growth of 4.7 percent in the outgoing year (2015-16), and is set to achieve 5.5 percent GDP growth in the current fiscal year (2016-17).

The minister added that Pakistan is fully geared to achieve six and seven percent in the following two years.

Dar said that Pakistan had introduced tough and deep-rooted financial fiscal and economic reforms that have paid dividends.

The finance minister said that Pakistan has achieved record revenue collection in the outgoing year, is enjoying a lowest inflation rate in decade and lowest interest rate which has resulted in economic stimulation.

“Credible international rating agency is terming Pakistan as 10th fastest emerging market and Next Asian tiger” he remarked.

It is pertinent here that the Finance Minister Ishaq Dar is currently in France to sign Organization of Economic Cooperation and Development (OECD) on tax matters.

Moreover, Ishaq Dar said that Pakistan has entered into the final phase of eliminating terrorists and the country has financed entire expenditures on Zarb-e-Azb out from its own resources.

The minister also asked international community to take notice of atrocities committed by the security forces on innocent Kashmiris in Indian Occupied Kashmir (IOK).

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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