Islamabad: The Standing Committee on Finance and Revenue, chaired by Hon. Syed Naveed Qamar, convened its third meeting at Parliament House today to deliberate on Pakistan’s economic status and the government’s corrective measures to address pressing economic challenges.
According to National Assembly of Pakistan, the committee received comprehensive briefings on the state of the economy, including GDP growth, budget deficits, and other critical economic indicators. The Finance Minister, along with other senior officials, outlined the corrective strategies being implemented to tackle fiscal imbalances and external account issues, highlighting ongoing negotiations with the International Monetary Fund (IMF) to address structural weaknesses. The government expressed optimism about achieving a targeted GDP growth of 3.6% and maintaining inflation at 12% for the financial year 2025.