For fiscal 2012, the economy is expected to grow by 2.0 percent as the pace of recovery in overseas economies picks up, led by emerging and commodity-exporting economies, and reconstruction-related demand gradually materializes. The growth rate for fiscal 2013 is projected to be at 1.6 percent.
Towards this end, poverty targeted intervention programs consisting of several major elements are being introduced. These elements include: (i) integrated small public works programme in both urban and rural areas (Khushal Pakistan Programme), and the (ii) development of microfinance sector to help improve credit access of the poor. Public works Khushal Pakistan program had generated economic activity in the country through local public works.