Country’s economy performing well despite challenges: Miftah

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Country’s economy performing well despite challenges: Miftah

ISLAMABAD:The Adviser to Prime Minister on Finance Dr. Miftah Ismail has said that Pakistan’s economy is performing well despite some challenges and moving on the path of growth.

Presiding over a meeting of Monetary and Fiscal Policies Coordination Board in Islamabad, he said consistency in upward growth trajectory is a reflection of government’s development oriented policies.

Secretary Finance informed the meeting that agriculture, industrial and services sectors have picked up growth on the back of supportive growth oriented policies.

He said inflation has been contained at 3.8 percent during first nine months of current year on account of effective monetary policy along with better supply of commodities.

Similarly, large scale manufacturing also recorded an impressive growth of 6.3 percent during first seven months of the current year.

It was also informed that exports are continuously increasing and have registered a growth of 12.2 percent during first eight month of the current year. APP/AFP