• Monday, May 23, 2022

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Pakistan must speed up reform, employ more women for growth – World Bank

Pakistan has been ranked as the second worst nation in the world for gender equality

By: Eastern Eye Staff

Pakistan must speed up reform of the energy sector and bring more women into the labour force if it wants to quicken economic growth that lags far behind regional peers, the World Bank’s country representative said on Monday. The World Bank expects Pakistan’s economy to expand by 4.5 percent in 2016, missing the government’s 5.5 percent target and trailing behind other South Asian nations where growth is expected to average about 7 percent this year. The bank sees 2017 growth edging up to 4.8 percent in Pakistan, a nation of 190 million people. Experts say the economy needs to expand…

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