HomeBusinessEconomy to grow at 4.8 percent in 2017: WB report

Economy to grow at 4.8 percent in 2017: WB report

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ISLAMABAD, Apr 12 (APP): The economic growth in Pakistan is projected to accelerate from 4.5% in 2016 to 4.8% in 2017, says a Wold Bank Report.

The growth would be supported by growing industry and services and greater investment as well as buoyed by low oil prices and substantial remittances.

According to WB South Asia Economic Focus, sustained and
inclusive growth with further acceleration will require tackling pervasive power cuts, a cumbersome business environment, and low access to finance through the successful
implementation of tax and energy reforms.

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