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However, the nuclear energy is mainly used to generate electricity. Therefore, the electric power sector environment is analyzed and incorporated in the strategic assessment for investment in nuclear energy.
Economic Performance
Pakistan's average economic growth rate since independence in 1947 has been higher than the average growth rate of the world economy during the period . Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s . During the 1990s, economic growth slowed down sharply to about 3.8% per annumii. Fiscal profligacy and extensive state intervention in various sectors became a perpetual characteristic of successive governments during this period...
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