News Snapshot:
Pakistan targets 3.5pc growth rate. The News/File ISLAMABAD: The government has set a GDP growth target of 3.5 per cent for the budget 2023-24 against the provisional growth figure of 0.29 per cent for the outgoing financial year 2022-23. During 2023-24, the monetary policy is expected to play a challenging role in striking a balance between price and output objectives amid government endeavours for economic revival. The challenge would be to strike a balance between growth and stability in such a way that monetary policy tools provide much-needed support to economic growth while containing inflationary pressure. The inflation is targeted...
