Economic indicators point towards recovering economy in 2021
>It is common knowledge that Pakistan’s economic situation has gone from crisis to crisis in the past few years. First, the value of the Pakistani Rupee took a huge hit after it was allowed to reach the Actual Exchange Rate value following much needed corrections. This caused inflation rates to soar and everything became more expensive.
However, it seems the economy is finally on the up as most economic indicators point to economic growth in the upcoming fiscal year. Drawing on the observations of
@JarriNajam on twitter, we’ve laid out a detailed review of economic indicators that paint an optimistic picture of 2021.