Posted 1/1/2024, 3:30:54 AM
Pakistan Aims for Economic Stability and Reform in 2024 to Attract Investment After Period of Contraction
- 2023 was a year of economic stabilization and contraction in Pakistan to control deficits
- 2024 will continue to focus on stabilizing the economy to facilitate new investment
- Economic policy consistency and bridging the trust deficit between business and policymakers is needed
- Privatization can help mobilize domestic cash and attract foreign investment
- Solutions must be homegrown rather than relying on foreign aid; priority sectors include energy, agriculture, privatization and tax reform