ISLAMABAD: The World Bank says Pakistan’s fast-growing remittances rising investments under the China Pakistan Economic Corridor have supported economic growth of the country.
According to Bank’s latest report, Pakistan’s modest economic recovery would continue.
The report further said Pakistan’s growth is expected to pick up to 4.5 percent from 4.2 percent.
The World Bank said Pakistan government is making progress on the structural reforms that will be essential to safeguard growth.
It further said that the government has made great strides in increasing foreign reserves and has recently made progress in power sector and revenue reforms.