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PAKISTAN DEVELOPMENT UPDATE

PAKISTAN DEVELOPMENT UPDATE Reviving Exports October 2021 Preface The World Bank PAKISTAN DEVELOPMENT UPDATE (PDU) provides an UPDATE on the Pakistani economy, its economic outlook, together with the DEVELOPMENT challenges it faces and the structural reforms that should be considered. This edition of the PAKISTAN DEVELOPMENT UPDATE (PDU) was prepared by the Macroeconomics, Trade and Investment Global Practice under the guidance of Najy Benhassine (Country Director, SACPK), Zoubida Allaoua (Regional Director, ESADR) and Shabih Ali Mohib (Acting Practice Manager and Lead Country Economist, ESADR).

Despite slowing to 8.9 percent in FY21 from 10.7 percent in FY20, headline consumer price inflation remained elevated – mostly because of high food inflation, which is likely to disproportionately im pact poorer households that spend a larger share of their income on food than on non -food items.

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  Consumer, Recip, Headline, Headline consumer price

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