Structural impediments challenge Pakistan's macroeconomic stability, says central bank
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FILE PHOTO: A man walks with sacks of supplies on his shoulder to deliver to a nearby shop at a market in Karachi, Pakistan June 11, 2024. REUTERS/Akhtar Soomro/File Photo
ISLAMABAD (Reuters) - Structural impediments are challenges to sustaining macroeconomic stability in Pakistan, the State Bank of Pakistan's annual report on the state of the country's economy has found, the bank said on Thursday.
"Falling investment ... unfavourable business environment, lack of research and development, and low productivity, alongside climate change risks continue to constrain the economy's growth potential," the bank said in a statement.
(Reporting by Gibran Peshimam; Writing by Sakshi Dayal; Editing by Mark Potter)
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