Recent macroeconomic developments and implications for poverty and employment in Pakistan: the cost of foreign exchange reserve holdings in South Asia
After a retarded economic growth over the past few years, a recovery in economic growth rate began as result of faster growth in industrial sector and respectable growth in services sectors. Although macroeconomic stability has been achieved, the reduction in fiscal deficit was also at the expense of public sector development and social sector expenditure over the past few years. While acceleration and pattern of economic growth together with stagnant investment are not pro-poor since...[Show more]
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