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About Overview
Pakistan's economy grew 4.14% in the previous fiscal year, its highest growth since 2008-2009. This growth was driven by reforms that stabilized foreign exchange reserves, appreciated the exchange rate, and maintained price stability despite adjustments. International institutions have acknowledged and appreciated the positive economic improvements in Pakistan. A comprehensive reform agenda is focused on inclusive growth, job creation, and rebuilding infrastructure through privatization and removing bottlenecks like energy shortages. Global economic growth is projected to be stable at 3.3% in 2014, driven by recovery in advanced economies like the US and some emerging markets. Pakistan's economic growth is also improving both quantitatively and qualitatively as reforms create a better business climate.
Detailed Information
Author: | ['onepakistancom'] |
---|---|
Publication Year: | 2014 |
Pages: | 15 |
Language: | English |
Format: | |
Price: | FREE |
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