Pakistan Reports Macroeconomic Improvement And Growth

Prime Minister Shehbaz Sharif on Jan. 21 at the Pakistan Pavilion during the World Economic Forum's 56th Annual Meetings in Davos said Pakistan's economy shows clear improvement after reforms, citing inflation down from 30% to 5.5% and a policy rate cut to 10.5%. He highlighted about $3 billion in annual IT exports, a digitized tax drive raising tax-to-GDP to 10.5%, and plans for export-led growth, mining development, privatization, and youth skills programs.