Despite growth, economy still under risk, says IPR - News Summed Up

Despite growth, economy still under risk, says IPR


Reviva­l in manufa­cturin­g, agricu­lture, increa­se in tax revenu­e have promot­ed growth­LAHORE: Despite a revival of growth, Pakistan’s economy is still facing some serious risks and vulnerabilities. These macroeconomic factors prevent sustained and long-term growth of the economy. The problems point to an economic structure that does not allow the economy to substantially increase investment. IMF says Pakistan’s hard-won economic stability at stakeGDP growth will be higher than last year’s 5.28%. An expansionary monetary policy coupled with largely steady exchange rate (despite 5% correction in December) and some agriculture and industrial revival have stimulated growth.


Source: The Express Tribune December 23, 2017 04:07 UTC



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