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Economy to fall short on growth target: IPR

LAHORE: The IPR report on six months of economic progress of the country, depicting below par performance of the country, has predicted that the economy would fall well short of its target growth rate of 5.1 percent, Managing Director Institute of Policy Reforms, Dr Hafiz Pasha said on Thursday.

Revealing the IPR report, he regretted that despite ambitious plans of the government, the Pakistan economy remained mired in difficulties during the first half of the current fiscal year.

“A major concern is continued slow growth in large scale manufacturing,” he said adding that industrial growth this fiscal year would be even lower than the four percent achieved last year………… Read More