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2017 predicted to be the best year for Pakistan’s economy

Pakistan, at 144 out of 190 countries, was among top 10 global improves in World Bank's 2017 Doing Business rankings with an improvement expected in 2018.

According to an earlier report by The NEWS, the growth is due to the government’s pro-growth policies which include increase in foreign investment to the auto industry. Despite slight variation in the gross domestic product (GDP) growth forecasts by International Monetary Fund and World Bank, Pakistan's GDP is likely to grow by 4.7 per cent in 2017.

Pakistan currently stands as the 40th largest economy in the world and the ranking this year may improve by a point or two.

Inflation may remain between four and five per cent as low oil prices are expected to stay stable whereas finance sector will increase focus on financial. inclusion, generating opportunities for micro-finance and commercial banks.

British Council Pakistan strives to support universities, institutions and education decision makers in their advancement and partnership development strategies to consequently strengthen collaboration within local universities and UK institutions.

For details on partnership development, contact the SIEM Pakistan team for customised consultancy services.