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Pakistan can triple incomes by 2050 with faster reforms: World Bank
Faster structural reforms could triple Pakistan’s incomes by 2050, the World Bank Group said in its latest Pakistan Development Update: Attaining Escape Velocity. Following progress with macroeconomic stabilisation, Pakistan now has the opportunity for faster and sustained economic growth and job creation, the global lender said on Thursday. According to the World Bank, sound macroeconomic policies over recent years have helped stabilise the economy and preserve growth, despite the impacts of the Middle East conflict. “Real GDP growth increased to 3.7% in FY26 from 3.2% in FY25. Revenue growth...
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