Pakistan economy to grow 5pc in 2016-17: World Bank

world-banknews5sf656f5sWorld Bank on Tuesday has proclaimed that economy of Pakistan is set to grow by five percent in ongoing fiscal year, 2016-17.
Besides the positive announcement, a statement added, “The business cycle matters all across the region, providing a potential accelerator from GDP growth to investment growth. Ultimately, the investment climate sets the broader stage. Alas, most South Asian economies suffer from a challenging business environment and some are subject to broader uncertainty and insecurity.”