ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Khan boasts of Pakistan's economic revival despite slow demand

Cheap currency reduces current-account deficit, but interest rate stays high

Pakistan's Prime Minister Imran Khan has been cheering a brighter economic picture, but high interest rates threaten to put a damper on growth.   © Reuters

ISLAMABAD -- Recent trends in Pakistan have given Prime Minister Imran Khan reason to claim that an economic recovery is spreading across the South Asian country.

"Pakistan's economy finally heading in right direction, as more of our economic reforms bear fruit," Khan tweeted recently following a slight improvement in the current-account deficit, and the International Monetary Fund's approval of an approximately $500 million loan that is part of a larger $6 billion package agreed in July.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more