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Home | Press Release
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Challenges hampering Pakistan’s potential growth, says ADB chief |
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May 4, 2015, 03:09:41 AM |
Despite strong political support for reforms, Pakistan still faced a host of challenges hampering its potential growth, forecast at 4.5 per cent of GDP this year, said Asian Development Bank (ADB) President Takehiko Nakao on Saturday.
Addressing a news conference on the opening day of the 48th annual meeting of the bank’s board of directors, Mr Nakao said his institution forecast Pakistan’s growth rate for the current financial year at 4.5pc against last year’s 4.2pc. He said the country would grow by 4.6pc in the next fiscal year. Read more |
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