ISLAMABAD: Pakistan Foreign Exchange reserves to reach $22 billion by year end: Ishaq Dar

ISLAMABAD: Pakistan Foreign Exchange reserves to reach $22 billion by year end: Ishaq Dar
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ISLAMABAD: A meeting of Foreign Ministry officials was held under the chairmanship of Foreign Minister Ishaq Dar to review the economic situation of country here in Islamabad.

 

As per details, Ishaq Dar was informed that 5.5% GDP Growth has been set by government in 2016. 4.24% GDP Growth had been recorded in year of 2015 that was the highest rate of GDP Growth in previous 7 years.

 

While addressing the meeting, Ishaq Dar said that Pakistan foreign exchange reserves will reach at $22 billion by the end of year 2016.

 

He added that direct foreign investment has increased by 16% in country while the situation of power and gas supply has improved as compared to previous year.

 

Ishaq Dar further stated that inflation rate has also reduced in country.





 

Economy