Martin Raiser, the World Bank’s Regional Vice-President for South Asia, has warned that Pakistan’s economy is stuck in a “low-growth trap” with poor human development outcomes and increasing poverty. "Pakistan’s economy is stuck in a low-growth trap with poor human development outcomes and increasing poverty. Economic conditions leave Pakistan highly vulnerable to climate shocks, with insufficient public resources to finance development and climate adaptation," warned Raiser. They are intended to help inform the public policy dialogue in the context of the upcoming elections. During his visit, Raiser will meet government officials at the federal and provincial levels, and representatives from the private sector and academia.


Source:   The Express Tribune
November 28, 2023 17:29 UTC