Pakistan Development Update, November 2016 : Making Growth Matter
Pakistan’s growth accelerated in FY16, driven by consumption while investment remained low. Exports continued to fall when soft global demand exacerbated the effects of Pakistan’s long-term decline in competitiveness. After achieving macroeconomic...
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| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/935241478612633044/Making-growth-matter-Pakistan-development-update http://hdl.handle.net/10986/25358 |
| Summary: | Pakistan’s growth accelerated in FY16,
driven by consumption while investment remained low. Exports
continued to fall when soft global demand exacerbated the
effects of Pakistan’s long-term decline in competitiveness.
After achieving macroeconomic stability, the government
continued to deliver on its structural reform agenda in
FY16, but much remains to be done if growth is to
bestrengthened and sustained. The report begins with a
chapter on economic developments, withsections on growth,
fiscal policy, the external sector and monetary
developments. The second chapter provides an outlook and
describes upcoming challenges, including structural reform
needs and progress in social indicators. The final chapter
identifies several topical issues for detailed analysis,
including sections on poverty, nutrition, Karachi urban
planning and infrastructure, and the FY17 federal budget. |
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