Budget

Govt targets 5.1% GDP growth rate in budget 2014-15

ISLAMABAD: The government has pitched the GDP growth rate target at 5.1 per cent in the budget 2014-15, having a total outlay of Rs 3.96 trillion, ARY News reported Tuesday.

According to budget documents obtained by ARY News, export target for the FY2014-15 is estimated at $ US 27 billion.

Similarly, the target of big industries development is estimated at 7% and small industries 5% of the GDP, respectively.

The government also decided to increase 10% in salaries of government employees.

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