Monthly Economic Outlook report said the objective of recent accommodative monetary and fiscal policies was to put Pakistan’s economy on higher growth trajectory. — AFP/File
ISLAMABAD: The Ministry of Finance on Wednesday anticipated a surge in economic activities despite the uncertain pandemic situation but warned that transition to higher growth could build pressure on external accounts.
“In the transition towards a higher potential growth level, pressure can be built on external accounts,” the economic adviser’s wing of the finance ministry said in its Monthly Economic Outlook (MEO) for July, calling for close monitoring to ensure that the new growth strategy is sustainable without any macroeconomic imbalances as observed in the past.