Pakistan’s GDP to Hit Target Amidst Structural Reforms: Shadow Policy Unveiled
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In a historic move, the Economic Policy & Business Development (EPBD), an influential think tank in Pakistan, unveiled first-ever shadow policy documents aimed at reforming key sectors of the nation’sen economy. The policies outline significant changes designed to boost GDP and stimulate economic growth.
The EPBD has outlined comprehensive reforms across various segments like taxation, investment incentives, energy sector development and ease-of-doing business for both small and large enterprises…
As part of these efforts to reshape the Pakistani economy and break its recurring boom-and-bust cycle, major policy changes have been proposed. These include reducing taxes on businesses and salaried individuals with a goal to reach up to 8.5% GDP growth by FY31.