Posted by: uss017 | December 14, 2007


From the World Bank website:

After a decade of anemic economic growth, Pakistan’s economy has grown by more than 6.5 percent per year since 2003. While income inequality has increased somewhat, poverty has declined significantly.


Exports (in US$ terms) have grown by over 15 percent since 2004. Investment as a share of GDP increased from 17 percent in 2001/02 to 20 percent in 2005/06. A wide-ranging program of economic reforms launched in 2000 – fiscal adjustment, privatization of energy, telecommunications, and production, banking sector reform and trade reform – have played a key role in the country’s economic recovery.


Pakistan’s economy has shown great resilience in the face of the devastating earthquake, and future growth prospects for the economy are good.


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