National economy ....
patches are more than 17 per cent over last year. The construction sector simultaneously supporting other allied industries like paints and varnish, steel, bricks etc. The hotel business is high, huge global standard shopping malls are coming up. Many skilled and semi skilled daily wage workers are now more engaged in the sector than last few years.
The unemployment rate has seen a decline from 6.2 per cent in FY 2013 to 5.9 per cent in FY 2015. The domestic car production continuous registering remarkable growth which implies that consumers prefer domestic cars over used imported cars. The enabling environment has also revived confidence of the investors, on the back of successful operation Zarb-e-Azb which remained instrumental in creating an enabling environment for the investors.
The operation Zarb-e-Azb played a decisive role in maintaining peace and stability in the country. Similarly, implementation of National Action Plan (NAP) has also played an important role in reducing terrorism in the country.
The international rating agencies also upgraded their rating for Pakistan. Pakistan has been able to complete eleventh successful reviews with IMF which has further strengthened the confidence of international investors and has placed Pakistan on their radar screen as future investment destination.
There is continuous uptick in FDI and with CPEC investment programme it will further gain momentum going forward. The expansion in credit to private sector remained remarkably strong, which helped the industrial, food, beverage, textiles, electricity & construction sectors.