Posted by: uss017 | December 14, 2007

ECONOMIC GROWTH IN PAKISTAN

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.

and:

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.

and:

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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