Pakistan set achieve highest GDP growth: Miftah


Washington April 21 (TNS): Adviser to the Prime Minister on Finance Miftah Ismail has claimed that Pakistan was set to achieve the highest GDP growth rate in the current year and expect to gain the momentum in the future.

During a meeting with Internal Monetary Fund and World Bank officials in Washington, the adviser also drew the attention of the lenders to improvement in the country’s exports as a result of innovative measures.

Miftah Ismail said that the GDP growth rate during the current financial year remained 5.8 percent and it will be taken to 6.2 percent the next year.

He said inflation had been contained under four percent due to effective economic policies of the government.

The adviser said that business activities and industrial production have increased due to the improved security situation in the country while China-Pakistan Economic Corridor had also become instrumental to expedite the economic growth.