Govt efforts to improve Pakistan's business climate
The government focusing on increasing public sector development spending has ensured raise in this domain from 348 billion rupees during 2013 to 800 billion rupees in 2017.
Sources in Finance Division said, a number of massive infrastructure, power and other projects have been initiated which will remain instrumental in attracting private sector investment.
The sources said the government's efforts to improve Pakistan's business climate to attract higher investment inflows have been underpinned by the National Doing Business Reform Strategy 2016.
As a result of successful implementation of key reform measures, Pakistan has been recognized as one of the top ten reformers globally in area of business regulation.
Similarly, the inflation rate has been kept under control due to effective monetary and fiscal policies.
The China Pakistan Economic Corridor with an investment of 46 billion dollars is a testament of Pakistan's rising potential and the government's commitment to use this opportunity as a game changer for country in coming decade.