Govt has put economy back on track in four months: minister

Dunya News

Government has set ambitious 3 years economic target, Dar said.

(Web Desk) - Finance Minister Ishaq Dar says the government has set an ambitious target for the economy in the next three years.

He was talking to US Undersecretary of Treasury for International Affairs‚ Lael Brainard in Washington.

The Minister said the agenda includes reducing the fiscal deficit by half‚ doubling of GDP growth rate and increasing the investment by fifty percent.

He said the actions taken by the government in first four months have put the economy back on track.

He briefed Lael Brainard about the efforts being made by the government to bring macroeconomic stabilization to the country.

Lael Brainard appreciated the bold decisions taken by the government to revive the economy. She assured finance minister of all possible help to achieve the targets set by the government.

Later‚ addressing a gathering of Pakistani-Americans at the Pakistani embassy‚ the Finance Minister said the government is taking immediate‚ medium and long-term steps to meet the fast-increasing energy needs of the country.