WEF (World Economic Forum) has declared Pakistani Economical condition as critical. The forum stated that though Pakistan has improved its Micro Economical condition, but the overall situation is not hopeful.
According to WEF, Pakistan has improved competitiveness ranking from 133 to 129, however the country didn’t manage to show progress in all fields. The report stated that Pakistan ranked at 142 in basic requirements, 77 in terms of innovation and sophistication and 104 in terms of efficiency enhancers.
Further report stated that almost 25% Pakistani Children haven’t access to even Primary education, while labor market is also facing crisis.
Pakistan is ranked at 140 out of 144 countries in terms of participation of women in economy, in terms of access of public to ICT (Information & Communication Technologies), Pakistan is ranked at 114 position.
However Pakistan has improved its position in fields of Financial Market Development (67) and 30 in terms of Market Size.