Pakistan

Pakistan is located at the crossroads of Central, South, and Southwest Asia, a strategic location with great potential for Pakistan to become a hub of economic activity.

Ministry of Foreign Affairs

Pakistan in CAREC


  • Pakistan joined CAREC in 2010


Feature
  • GDP growth 3.7% in fiscal year 2012. The State Bank of Pakistan said the real growth domestic product grew by 3.7% in 2012, which is less than the 4.2% target. Read more.
  • New investment policy unveiled. The Investment Policy for 2013 and an Investment Strategy for 2013-2017 were disclosed at the meeting of the Board of Investment. Read more.

Previous features


Economic Outlook

Highlights from the Asian Development Outlook 2012:
The economy continues to be affected by structural problems, including a domestic energy crisis, a precipitous decline in investment, persistently high inflation, and security issues. Budget deficits remain high, driven by substantial subsidies and losses at state-owned enterprises, and tax revenue below target. The slow growth in recent years was exacerbated by widespread floods in FY2011. Unless progress can be made in resolving these fundamental problems, the growth outlook will stay modest. Read more.



More economic and social indicators for Pakistan from the World Bank's World Development Indicators online.


Human Development

The United Nations Development Programme's Human Development Report program has prepared a series of reports on Pakistan.


Partner Institutions and Pakistan

 



© Central Asia Regional Economic Cooperation (CAREC) 2009