GDP growth: the way forward

GDP growth: the way forward
To match growth of other Asian states, Pakistan will have to address weaknesses
Pakistan has expectedly missed its GDP growth rate target in the outgoing fiscal year. PHOTO: INP
ISLAMABAD:
In his first press conference, the newly inducted Finance Minister, Shaukat Tarin, vowed to push the GDP growth to 5% by the end of next year and 6% the following year.
The minister hinted at some factors such as raising federal tax revenues to about Rs6 trillion, increasing public sector spending to Rs900 billion and expanding the role of financial services. To achieve these goals, however, other areas would also need attention.

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