Federal Finance Minister Dr Abdul Hafeez Shaikh has said that he discussed bilateral issues including economic relations with different US officials, besides having interactions with international organisations and financial institutions during his visit to US, a private TV Channel reported.

Addressing a press briefing at Washington on late Wednesday night, Shaikh said that the government had succeeded in reviving GDP growth rate. He said that the GDP growth which had dipped to 1.7pc remained 3.7percent during last fiscal year which is expected to increase to 4 percent. The second success of the government, he said, is bringing inflation rate from 25 percent to 8 percent. He maintained that the government followed strict austerity policy and controlled government expenditures.

Copyright Business Recorder, 2012