Bloomberg News

Pakistan Government Economic Targets: Summary (Table)

June 14, 2013

Following is a summary of the economic targets announced as part of the federal budget published June 12:

========================================================================
                                 2012-13*   2013-14   2014-15   2015-16
========================================================================
GDP Growth                           3.6%      4.4%      5.5%        7%
Inflation                            7.5%        8%        8%        8%
Fiscal Deficit (% of GDP)            8.8%      6.3%        5%        4%
Tax to GDP                           8.8%      9.5%     10.4%       11%
Current Expenditure to GDP          16.5%     15.2%     13.8%     12.9%
Development Spending to GDP          4.2%      5.1%      5.2%      5.3%
Investment to GDP                   12.6%       n/a       n/a       20%
Foreign Reserves                    $6.3B       n/a       n/a      $20B
Remittances                          $14B      $15B       n/a      $20B
Debt to GDP                         63.5%     61.3%       59.1%    55.3%
========================================================================
Note: * = Estimate.

SOURCE: Finance Ministry Budget Documents

To contact the reporters on this story: Naween A. Mangi in Karachi at nmangi1@bloomberg.net Mark Evans in London at mevans8@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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