Anne O Krueger, First Deputy Managing Director, IMF, on Wednesday said in Pakistan exports have grown at an annual rate of nearly 10 percent since 1970, with exports as a percentage of GDP almost tripling, to more than 20 percent between 1970 and 2003.
Dramatic improvements in the quality of life have been repeated across Asia, as poverty rates in most countries have fallen, and living standards have risen, she said while addressing the Asia Society in Hong Kong, transcript of which was released here.
The topic of her address was: "Still Achieving, Still Pursuing: The Global Consequences of Asian Growth."
The infant mortality rate has "almost halved" in Pakistan since 1940, although it remains relative high.