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| May 16, 2006 | Tuesday | Rabi-us-Sani 17, 1427 |
Govt promoting business environment, says adviser
ISLAMABAD, May 15: Adviser to the Prime Minister on Finance Dr Salman Shah on Monday said that Pakistan’s major macroeconomic indicators were showing significant strength due to the economic reforms the country had implemented over the last several years.
Resultantly, the country experienced a substantial growth in Gross Domestic Product (GDP), exports and investment in the recent past, he added.
He was speaking at the inaugural session of a regional conference on “Competitiveness and Economic Growth in Asia” organised by the United States Agency for International Development (USAID) and Ministry of Finance. Economic experts from 22 countries are participating in the two-day conference.
Dr Shah said that the last year’s GDP growth of 8.4 per cent would be followed by another year of a strong economic growth. The economic growth was also having a substantial impact on employment generation and poverty reduction, he added.
The advisor said the government was implementing a comprehensive strategy to improve the country’s business environment and competitiveness.
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