Pakistan Prepares Economic Agenda to Gain Donor Backing

The Pakistani government looks to develop a macro economic framework to address the requirements of multilateral lending institutions. “The macro economic framework will envisage GDP growth rate, fiscal deficit, current account deficit and other major targets for economy in the next five years,” a Pakistani official said. The South Asian nation is set to receive more than USD2 billion annually from the World Bank and the Asian Development Bank over the next five years once the framework is prepared. (“Pakistan government to prepare macro economic framework” - Steel Guru, Sept. 3, 2008)

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