Advisor to Prime Minister on Finance Dr Salman Shah Saturday said he was optimistic about the prospects of the Pakistani economy as the rising middle-class is creating new opportunities for investment and jobs. Talking in a PTV programme, he said, "the expanding middle-class is increasing demand for goods and services."
He said the economic development is a long-term phenomenon and Pakistan holds great potential and is rising along with the top emerging markets of China, India, Russia and Brazil.
The economy is making headway as the per capita income has doubled over the last six years, purchasing power has soared and demand for consumer items is rapidly growing, he added.
Dr Salman said these positive indicators have boosted industry, agriculture and trade in an organised manner. To a question, Dr Salman said prices of some commodities have came under pressure due to the gap in demand and supply. The rising demand, however, is also making way for more investment and employment opportunities, he added.
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