Economics

Pakistan to Spend ‘Bare Minimum’ $6 Billion to Boost Growth

  • Targets 5% GDP growth next fiscal year to create new jobs
  • Finance chief sees this year’s fiscal deficit just above 7%
WATCH: Pakistan's finance minister says the country plans to boost spending on large infrastructure projects by as much as 40% to create jobs.(Source: Bloomberg)
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Pakistan plans to boost spending on large infrastructure projects by as much as 40% to create jobs and foster productivity in an economy crippled by the coronavirus pandemic, Finance Minister Shaukat Tarin said.