Economic growth to slow down to 2.4pc: finance ministry

Dawn | Jun 14, 2019 at 7:01 AM
  • The NEC had approved a target of 4pc GDP growth rate for fiscal year 2019-20 in its meeting presided over by Prime Minister Imran Khan on May 29.
  • On the same day, the Ministry of Finance also released its documents including “Budget In Brief” that budgeted real GDP growth at 2.4pc and inflation rate at 11-13pc.
  • The MTBF also estimates the total public debt to GDP ratio at 77.7pc during current year and projected to come down slightly to 77.6pc next year.