Economic distortions hold back economic growth of Pakistan, says World Bank

Islamabad [Pakistan], October 22 (ANI): The World Bank said that economic distortions hold back the economic growth of Pakistan.

The World Bank report identified many distortions in the Pak growth model, either introduced by policy decisions or ignored by it, reported Asian Lite International.

It stated that distortions in various taxes, subsidies, size-dependent industrial policies, trade restrictions or gender norms are