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Pakistan’s economic situation to remain frail until 2 years: World Bank

ISLAMABAD: The World Bank has indicated that the economic scenario in Pakistan is to remain shaky till next two years.

Pakistan is stuck in a situation where its economy is experiencing a downward trajectory while its outlay is very high, said the report published by the bank.

Anticipating a period of two stumbling years for the economy of Pakistan, the report highlighted two factors: rise in poverty and the weak economic development.

The report further said Pakistan would face the challenges of alleviating poverty and creating employment opportunities, adding that the ever increasing loss of capital will have to be controlled in order to ensure long term development.

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