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Tag: Pakistan Economic Growth
There are hopes that the Current Account deficit will be managed and that inflation will remain within limits. The problem areas are the falling tax collection and the COVID related steep expenditures and this could negatively impact the budget deficit. The hope is that the agriculture and services sectors will improve and foreign remittances will continue to increase or at least stay on par. Exports remain in decline even though import restrictions have helped but this is not the answer. CPEC related activity is expected to pick up and the real estate and construction sectors are already on the upsurge because of a timely policy step by the government.