Mon October 23, 2017
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

Top Story

October 13, 2017

Share

Advertisement

Economy on growth track, twin deficits pose threat: SBP

Economy on growth track, twin deficits pose threat: SBP

KARACHI: Pakistan’s growth momentum is expected to remain intact, but there is a growing risk of widening of twin deficits due to superfluous imports and increase in public spending, the central bank said on Thursday.

The State Bank of Pakistan (SBP), in its annual report on state of the economy, forecast the growth between 5 to 6 percent during the current fiscal year due to improvement in agriculture, services and industrial sectors. The real GDP growth is, however, projected to come close to the 6 percent target for FY2018, it added.

Advertisement

Comments

Advertisement

In This Story

Topstory

Opinion

Newspost

Editorial

National

World

Sports

Business

Karachi

Lahore

Islamabad

Peshawar

Advertisement