The World Bank has projected that the investment growth rate in Pakistan, which declined for several years in the past, is projected to rise during 2014-16.
According to the ‘Global Economic Prospects’ released on Wednesday, the projected gradual revival of investment growth will depend to a large extent on credible efforts to reduce infrastructure and energy bottlenecks, create a predictable regulatory environment, implement labour market reforms, and continue fiscal consolidation.
In Pakistan, preferential market access by the European Union (GSP+) could help export performance, but energy supply shortages may hamper exports.
