World Bank report

The projections that WB has made in its report are more alarming than the estimates of the Asian Development Bank

PTI chairman reiterates his demand for early elections to save and strengthen democracy

New businesses in Pakistan still face dire problems

Delay in completion of CPEC projects will be an impediment

1% increase in Chinese apparel prices means 2.53% rise in US demand for Pakistani exports

This number accounts for about 5% of the world’s unbanked population, which stands at 2 billion

Advent of internet, growth of mobile technology has not resulted in citizen empowerment or government accountability

Despite small tax base, government continues to give incentives, worsening overall investment climate

Country has failed to fully realise prosperity benefits of urbanisation

Security measures take priority, many medium-sized projects initiated during PPP tenure wound up

Bank forecasts economy will grow 4.5%, lower than the 5.5% target

Annette Dixon, vice-president for the South Asia Region of the World Bank calls for undertaking reforms