Pakistan's GDP growth between 2.5-3.5% for 09/10: Cen.bank | business | Hindustan Times
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Pakistan's GDP growth between 2.5-3.5% for 09/10: Cen.bank

Pakistan's GDP growth is expected to grow by between 2.5 and 3.5 percent in the fiscal year 2009/10, the central bank said on Thursday.

business Updated: Oct 29, 2009 14:37 IST

Pakistan's GDP growth is expected to grow by between 2.5 and 3.5 percent in the fiscal year 2009/10, the central bank said on Thursday.

The State Bank of Pakistan projected inflation at 10-12 percent for the fiscal year to June 30.

The International Monetary Fund, which in November last year approved a $7.6 billion bailout package to help avert balance of payments crisis in Pakistan, has projected GDP growth to remain unchanged at 2 percent in the 2009/10 fiscal year.

The government's GDP growth target for this year is 3.3 percent.