Pakistan, July 8 -- Pakistan will not "repeat past mistakes such as accelerating demand and economic growth too rapidly", State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Monday.

Speaking at the launch of Women Entrepreneurs Finance Code by SBP in partnership with the Asian Development Bank (ADB), he said he was confident that the ongoing transition from hard-earned economic stabilization to growth would remain sustainable - unlike the recurrent boom-bust cycles witnessed in recent years.

He said the strong build-up in the country's foreign exchange reserves (held by SBP) is one of the many reasons behind his confidence for achieving long-lasting economic growth this time, as SBP's FX reserves have surged five times to $14.5 b...