Minister for Finance Shaukat Tarin on Thursday said that the government’s endeavours in rectifying the past government’s wrong economic policies, which put the country’s economy on the verge of collapse, started yielding results as all the macroeconomic indicators were showing positive performance.
Addressing a seminar titled ‘Investment, Industrialisation, and Exports: Harmonising Sectoral Efforts for Growth’, the minister said a Gross Domestic Product (GDP) growth of 5.4 per cent last year was reflective of the government’s sincere work in bringing structural reforms in various sectors of the economy.
“Our current year’s economic growth will also touch the five per cent mark that depicts we are on the trajectory of sustainable growth,” he added.
Tarin said Pakistan had the potential of even higher growth as “we have a great strength (60%) of young population, a diversified landscape, and a large pool of non-resident Pakistanis sending remittances worth billions”….
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