7 percent economic growth to be achieved by 2018

Dar apprises Hadley….

Muhammad Arshad


Finance Minister Ishaq Dar, Thursday, said that Pakistan was well poised to attain 5% economic growth by end of current fiscal year, the highest in last nine years. Ultimately 7% economic growth was the target to be achieved by 2018.
Speaking in a meeting with Chairman of United States Institute of Peace, a prominent US think tank Stephen J. Hadley, Finance Minister said that after the successful conclusion of the IMF programme, the government recently held consultations with the Fund under Article IV of its Articles of Association.
Stephen J. Hadley has previously served as the Assistant to the President for National Security Affairs for four years until 2009. In that capacity he was the principal White House Foreign policy advisor to the then President George W. Bush. He also served as the Deputy National Security Advisor.
He acknowledged Pakistan’s significant economic achievements and added that these successes needed to be fully projected to the intentional audiences. Referring to Finance Minister’s interaction with senior leadership, media, think tanks during his past visits to the US, he said that it greatly helped build a positive perception about Pakistan. He emphasized the need for such interaction on a more frequent basis..
Finance Minister highlighted Government’s efforts for measures for economic reforms and said steps were now underway for consolidation of economic gains made by Pakistan thus far. The Minister shared with Hadley an overview of the national economy and stated that the country had been able to achieve macroeconomic stability through sustained structural reforms. He said now the focus was on inclusive and sustainable economic growth along with generating job opportunities. Finance Minister also informed the delegation about Pakistan’s efforts to promote regional connectivity.

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