Pakistan's GDP to hit 5 percent this year


(MENAFN) Pakistan is expected to achieve as much as 60 percent of its financial targets in the current year, according to Khaleej Times



The government's targets include hitting 5 percent growth in gross domestic product (GDP), in addition to doubling foreign exchange reserves



Despite the fact that forex reserves have dropped to less than USD8 billion, the government projects to hit over USD10 billion in foreign exchange reserves by the end of March



About USD352 million has been release by the United States to Pakistan under the Coalition Support Fund (CSF) that will also put some weight on forex reserves.



The International Monetary Fund is also expected to release USD550 million in March to national exchequer


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