Country's economy

01 May, 2018

The PML-N government has claimed that the country's economy is set to record its fastest growth since 2005 during the current fiscal year. But the projected 5.8 percent growth rate means the government will still miss its six percent target. Look at the implausibility of Minister of Planning and Development and also Interior Ahsan Iqbal, who has reportedly told media that the government would have achieved 6.1 percent without political turmoil. He was in fact implying that the country was rocked last July when Nawaz Sharif was ousted from the premiership in the Panama Papers case.
The real reasons behind an uptick in economic growth are improvement in security and the International Monetary Fund (IMF) claiming in October that it has emerged from crisis after completing a bailout programme, though it still faces major challenges. It is therefore quite likely that the next elected government would be moving the IMF.

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