Economic Prospects: Growth rate to be over 5%, says envoy

WASHINGTON: Highlighting Pakistan’s tremendous economic prospects, Ambassador to the United States Jalil Abbas Jilani has said that as a result of consistent reforms and pro-growth policies, Pakistan’s economy has been steadily picking up from a mere 3% growth rate in 2012 to an expected 5.5% this year. The ambassador was speaking at a gathering of business and political leaders in Delaware, where he also spoke to around 600 students from various institutions, articulating Pakistan’s policies, its economic outlook and the vital role the country plays for peace and stability in the region. He held out Islamabad’s firm commitment to facilitating foreign investment through a range of measures and expressed confidence that the Business Opportunities Conference on March 10 and 11 would further expand Pakistan-US investment and trade relations.

Published in The Express Tribune, February 27^th, 2015.

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