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GDP Growth Expected to Reach 5% In Next Two Years: Hammad

ISLAMABAD: In yet another positive development, Federal Minister for Energy Hammad Azhar, who also served as finance minister for a brief period, said the Gross Domestic Product (GDP) growth rate of Pakistan is expected to reach 5 per cent by 2023.

Briefing the media in Islamabad on Wednesday, he said that the opposition is panicking due to the country’s rapid growth rate. “I want to tell the PDM [Pakistan Democratic Movement] that next year, the country’s economic growth rate will be 5 per cent.”

The federal minister advised the multi-party opposition to stop deceiving the masses as due to the policies during the tenures of the opposition parties, the economy of the country was destroyed.

He further said that various effective measures are being taken by the PTI government to control the rising inflation in the country.