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Key Challenges in Economic Management of Pakistan

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  • Taufiq A. Hussain

    (Deputy Governor, State Bank of Pakistan)

Abstract

This paper points out that GDP growth is fundamentally on track although a little below the expected 7% target owing to commodity sector weaknesses. The rising trend in unemployment has been reversed over 2002-04. It is expected that longer trend growth over the decade will be over 6%. However, there are certain macroeconomic imbalances, the current account deficit, the widening savings-investment gap and inflationary pressures, that need to be managed.

Suggested Citation

  • Taufiq A. Hussain, 2006. "Key Challenges in Economic Management of Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 11(Special E), pages 6-12, September.
  • Handle: RePEc:lje:journl:v:11:y:2006:i:sp:p:6-12
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