For the next 30 years, there are two possible pathways for Pakistan’s economy and two different futures, he added. If we project that to 2047, then Pakistan’s population will be 400 million people, he added. Pakistan’s economy was facing short-term headwinds that were largely caused by an external trade situation, he added. The headwinds are likely to continue until adjustments are made in the macroeconomic framework, said the World Bank country director. Responding to a question, he said that the World Bank requires an adequate macroeconomic framework to provide budgetary support.

Source: The Express Tribune February 22, 2018 04:22 UTC