Jan 31 (Reuters) - Pakistan's finance ministry said the
country was confronting challenges including high inflation, low
growth and low levels of foreign exchange reserves, and fiscal
consolidation was key for exchange rate stability and saving the
reserves.
In a monthly economic update and outlook for January, the
ministry said on Tuesday: "long-run prosperity and growth can
only be achieved by augmenting the country's long-term
equilibrium growth path by expanding production capacities and
productivity".
(Reporting by Shivam Patel in New Delhi)
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