Pakistan Economic Outlook
October 18, 2016The Pakistani economy expanded at the fastest pace in eight years in FY 2016 on the back of solid private consumption, structural reforms and improved confidence. The latter was boosted by a drop in sectarian violence and an increasing supply of gas and electricity. To keep the momentum going, the government returned to the international bond markets in October after a two-year hiatus and issued USD 1.0 billion in sukuk bonds. Initial reports suggest that the bond sale has generated strong interest among investors and that the funds raised will be invested in energy infrastructure.
Pakistan Economy Data
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5 years of Pakistan economic forecasts for more than 30 economic indicators.
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|Bond Yield||8.03||-0.01 %||Oct 26|
|Exchange Rate||104.7||-0.01 %||Oct 26|
Pakistan Economic Growth
October 18, 2016Analysts expect the economy to continue growing strongly in FY 2017, boosted by buoyant investment related to the China-Pakistan Economic Corridor (CPEC). Yet challenges remain, including a more difficult external environment for exports and recurrent power shortages. The economy will expand 5.0% in FY 2017, which is up 0.1 percentage points from last month’s forecast. In FY 2018, analysts see the economy growing 4.8%.