ISLAMABAD: Federal Government has set 5.5 percent growth rate target for the upcoming fiscal year. Finance Minister Ishaq Dar said that GDP growth rate would be taken to seven percent by 2017-18.
He said that inflation would be kept to single digit, investment to GDP ratio at twenty one percent, fiscal deficit 3.5 percent and tax to GDP ratio thirteen percent. Dar said that foreign exchange reserves would be maintained at the minimum of twenty billion dollars.
The Finance Minister said GDP growth of five point five percent for the next year will be achieved through three point nine percent growth target for agriculture, six point four percent for industries and five point seven percent for services.
