Economic growth rate targeted 5.5 for 2016, says Dar

ISLAMABAD (Staff Report) – Finance Minister Ishaq Dar has said that government is taking steps to pursue the objectives of economic growth, employment generation and poverty alleviation.

Chairing a meeting of Monetary and Fiscal Policies Coordination Board in Islamabad, he said the government has fixed the growth target at 5.5 percent for the fiscal year 2016.

He said the government achieved 4.24 GDP growth in 2015, which was the highest growth during the last seven years.

On the occasion, Commerce Minister Khurram Dastgir said Strategic Trade Policy Framework 2015-18 is aimed at achieving marked improvement in exports.

He said it has identified four pillars like products and market diversification, market access, institutional development and strengthening and trade facilitation.

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