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PAKISTAN MAY EXCEED GDP TARGET.

AsiaPulse News

| January 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KARACHI, Jan 1 Asia Pulse - The State Bank of Pakistan (SBP) has projected that the country's Gross Domestic Product (GDP) target will be exceeded.

In its latest quarterly report, the SBP has said: "Current projections by SBP's staff confirm that the target of GDP growth for the current financial year will be achieved or slightly exceeded".

With regards to inflation, the SBP said: "Inflation is likely to be in the range of 3.6 to 4.2 per cent and the current account balance will surpass the ...

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