Pakistan’s growth story goes unheard

Pakistan's economy is growing at an unprecedented rate but foreign investors, exercised by doubts about political stability, haven't heard the good news.

Shaukat Aziz

FINANCE MINISTER SHAUKAT Aziz is bullish. “Pakistan is on a roll,” he proclaims. “The economic situation is looking better by the day and the country is on an accelerated growth path.” The economic team put in place after General Pervez Musharraf seized power five years ago in a bloodless coup has achieved a remarkable turnaround. GDP growth for the financial year ended June 30 is expected to nudge 6%, per capita income is forecast to rise from $450 to $600 and industrial output is up by a record 15%.

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