Pakistan, Jan. 22 -- Prime Minister Shehbaz Sharif on Wednesday said Pakistan's economy was showing clear signs of improvement and the country was moving forward with renewed confidence, as key economic indicators continued to strengthen.

Addressing an event at the Pakistan Pavilion on the sidelines of the 56th Annual Meetings of the World Economic Forum, the prime minister said Pakistan had achieved macroeconomic stability after difficult but necessary reforms and was now firmly focused on export-led growth and sustainable development.

"Our inflation has come down sharply from 30 percent to 5.5 percent, while the policy rate has been reduced from 22.5 percent to 10.5 percent," he said, adding that the improvement reflected disciplined ...