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Pakistan raises bar for GDP growth Muzaffar Rizvi © Provided by Khaleej Times Pakistan raises bar for GDP growth Pakistan will go for an ambitious six per cent economic growth target in the next two years as the International Monetary Fund (IMF) shows its willingness to renegotiate tough conditions for a $6 billion loan in the wake of rising Covid-19 cases. Newly-appointed Finance Minister Shaukat Tarin said the country will increase infrastructure spending to create jobs and boost economic activity in the country. The federal government will earmark as much as Rs900 billion [$6 billion] for development expenditure in the year beginning July. That s the bare minimum we need for a country this size, Tarin said during an interview with Bloomberg in Islamabad.

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