ISLAMABAD: The Pakistan Economy Watch (PEW) has said the economic indicators were improving, showing the country economy was on growth trajectory which had infused confidence of investors and international institutions.
“The government has focused attention on energy, expanding tax net, reforming public sector entities, stabilizing prices, currency and reducing deficit which is laudable,” said PEW President Dr Murtaza Mughal in a statement.
He said massive investment in Pak-China Economic Corridor, special focus on infrastructure development, and zero tolerance for terrorism and corruption were satisfactory developments. He, however, urged for improvement in tax system and pace of privatisation.
Economy, he said, had been growing for a number of years and it was back on track to complete an International Monetary Fund (IMF) programme from start to finish for the first time in its history. He said the country was on the brink of default when the PML-N came to power and changed the situation.
