Pakistan’s economy is turning corner


PAKISTAN economy is slowly turning the corner. Multiple factors are bringing about this change. Successful operations against terrorists, as well political and religious violence have enhanced confidence in Pakistan’s internal security and law and order apparatus. Last year, launch of the $46 billion China-Pakistan Economic Corridor (CPEC) sparked Pakistan’s economic growth. The CPEC has also positively influenced Western analytics about Pakistan’s economy.
Pakistan’s middle class has also been growing steadily which, according to some estimates, has crossed 80 million in a population of 200 million. Around 60 per cent of the population is in the working class category because of the country’s youth bulge.