With significant signs of economic recovery, the government will continue to follow the positive reform momentum to boost the competitiveness of Pakistan’s economy and lay a strong foundation for a more robust, inclusive, and sustainable recovery.
This was mentioned in the monthly Economic Update and Outlook for June 2021, which highlighted that “Pakistan‘s economy has shown significant signs of economic recovery with the fast resumption of economic dynamism”.
According to the report, the government had introduced comprehensive measures to ensure sustainable growth and detailed that:
In [the] recent budget 2021-22, [the] government has taken growth-oriented initiatives and will continue to follow the positive reform momentum which will help to boost the competitiveness of Pakistan’s economy and lay a strong foundation for a more robust, inclusive, and sustainable recovery.
The report showed that the rebound in economic activity is expected to continue in the coming months, thanks to the resumption of economic activities and the acceleration of the vaccination process. Additionally, the recent economic recovery (real GDP growth 3.94 percent in FY 2021) and the government’s measures for inclusive and sustainable growth have built investor confidence
