Govt confident to surpass growth target as economy progressing in positive direction: Hafeez Shaikh

ISLAMABAD, Sep 4 (APP):The government is confident to surpass the growth target of 2.4 percent set for the current fiscal year (2019-20) as after gaining stability on external front during the past year, the economy has been currently moving on positive direction, Advisor to Prime Minister on Finance and Revenue, Dr. Hafeez Shaikh said Wednesday.

Addressing a press conference along with economic team of the government, the advisor said there had been considerable growth in exports, which grew from $2.01 billion during first two months of last year to Rs2.23 million this year, while imports have declined from $5 billion to $4.1 billion, reducing overall current account deficit of the country by 73%.