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MayInvestment-GDP ratio falls to lowest since FY1973
Published in The News on May 23, 2024 ISLAMABAD: Pakistan’s total investment has declined to its lowest ebb since 1972-3 and now it stands at 13.1 per cent of GDP in the current fiscal year 2023-24 despite a deafening chorus of boosting up the investment climate through the Special Investment […]
22
MayGDP worked out to be 2.38pc in FY24
By Mehtab Haider Published in The News on May 22, 2024 ISLAMABAD: With an increase in per capita income in dollar terms to $1,680, Pakistan’s provisional growth rate turned positive and stood at 2.38 percent for the current fiscal year 2023-24, largely driven by the agricultural sector. Although the government[…]
13
May‘Normal country’ doesn’t need IMF
By Shahbaz Rana Published in The Express Tribune on May 13, 2024 ISLAMABAD: A “normal” country does not need an International Monetary Fund programme but Pakistan’s next few years seem difficult without its support, according to Foreign, Commonwealth and Development Office (FCDO) of the UK Chief Economist Professor Adnan Khan.[…]
Spending restrictions
Published in Dawn on May 13, 2024 THE consistent contraction in the size of the federal Public Sector Development Programme for the past three years is yet another sign of Pakistan’s lingering financial and economic crisis. New official data shows that the government has squeezed federal infrastructure development to Rs353bn[…]
