NEW YORK (Staff Report) – World Bank says macroeconomic adjustments in Pakistan and crack down on violent crime in Karachi are supporting investors’ confidence.

In its latest report, the bank has projected the country’s economic growth to accelerate to 4.5 per cent in the current fiscal year.

The report said China-Pakistan Economic Corridor agreement has further bolstered investor optimism in the country. The project has potential to lift Pakistan’s long-term growth.