DUBAI: The first quarterly results of economic growth in the country indicate that GDP has shown a growth of 5 percent in the first quarter as compared to 2.9 percent of the same period last year.
This was stated by the federal minister for finance Ishaq Dar while chairing a meeting with International Monetory Fund (IMF) delegation in Dubai.
The finance minister said that the government is following economic reform agenda and nearly all economic indicators are on track. He said that exports are showing positive result at 3.2 percent over last year.
Dar said that this was achieved due to government’s prudent expenditure management‚ effective monetary policy and close monitoring of inflation indicators.
The IMF mission chief Jeffery Franks appreciating efforts of the government said macro-economic situation of Pakistan is favouarble.