Entry posted by Waqas Dar
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The Monetary Policy Committee of the State Bank of Pakistan (SBP) decided to keep the policy rate unchanged at 5.75 percent on Saturday.
Real GDP growth in the fiscal year 2017 is provisionally estimated at 5.3 percent, representing a 10-year high.
The revival of domestic demand, in particular, has been instrumental in the current upturn. The major thrust has come from the ongoing public and private investment chiefly in infrastructure and power sector, the SBP said.
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