Tag Archives: GDP

The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY20. The Review presents performance and risk assessment of various stakeholders in the financial sector including banks, non-banking financial institutions, financial markets, …

Globally, fast rising trend of both external and domestic debt, emerging in 2008 and onwards due to economic recession has engulfed the entire financial world in a whirlpool of fiscal deficit both in developed and developing economies. Some of the …

As the data centre landscape continues to, the industry is expected to grow exponentially. With growing reliance on digital connectivity, evolve demand is likely to ramp up further due to the imminent rollout of 5G, IoT-linked devices, data localization and …

Federal government claims that it has given a growth budget this time and is also consolidating its reforms introduced in the last two years. Pakistan has seen a contraction in the economy due to Covid-19, which has badly affected the …

Interview with Mr Farooq Dadi — a renowned businessman PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr Farooq Dadi about economy and the Federal Budget 2021-22. The excerpts are as follows: The budget 2021-22 is the best budget in …

The Federal Budget strategy for FY22 is stated to be pro-growth and spending-led. The total size of the outlay is Rs8.5 trillion which is almost 19% higher as compared to the outgoing year’s budgeted expenditure of Rs7.1 trillion. The increased …

Money matters for the country’s progress along with it is the most trusted material to test human temperament for easy going of a life. Every year the government is duty bound to put together quantity of money for spending, meet …

The Budget 2021-22 is the third issue of Imran Khan’s government. Federal Minister for Finance and Revenue Shaukat Tarin was expected to explicate new pro-growth directions of the government. It reflected with fiscal allocations that are in agreement with the …

World ocean day is the most renowned day for the ocean. The day was first celebrated in 1992 following the United Nations Conference on Environment and Development, held in Rio de Janeiro. In 2008, United Nations General Assembly was decided …

Where is the budget mainly invested? Fighting against the Covid-19 continues The epidemic has caused a severe impact on Pakistan’s social and economic development. Economic activities have largely stagnated, and the basic lives of the people have been severely affected. …

Statistics showed that worldwide GDP is now predicted to increase by 6 percent during 2021. In Pakistan, the present report of Government of Pakistan showed that a nascent economic recovery of 3.94 percent growth in GDP is emerging in FY2021, …

Climate change could wipe off up to 18% of GDP off the worldwide economy by 2050 if global temperatures rise by 3.2°C, the Swiss Re Institute warns. Forecast based on temperature increases staying on the current trajectory and the Paris …