Looking at global GDP at constant prices of 2017 adjusted for cost of living/purchasing power, China was the biggest economy in the world in 2019 with an adjusted GDP of more than USD 22.5 trillion according to World Bank. While …
Read More »Year 2020 has solid figures to boost Pakistan economy ahead
Country’s 60pc broad-based LSM units post positive growth Overseas workers’ remittances rise to 2.228bn in Nov 2020 FBR has surpassed tax collection target during July-Nov 2020 Current Account Balance stands at surplus of $447 million in Nov 2020 SBP Reserves …
Read More »Tight economic situation
Prime Minister claims that the government has created financial discipline for the first time in the history of the country whereas current account is in surplus for the first time in last 17 years. International media is praising Pakistan on …
Read More »Existing status of economy and covid steps encouraging
Pakistan has posts significant growth in LSM, but highly dependent on direct and indirect imports is a setback for many sectors Interview with Mr Nasim Beg – CEO, Arif Habib Consultancy PAGE: Tell me something about yourself and your career …
Read More »Pakistan’s economy on a path to recovery amid impressive LSM sector
Conversation with Dr Ayub Mehar — a renowned economist PAKISTAN & GULF ECONOMIST had an exclusive conversation with Dr Ayub Mehar regarding the current state of the economy of Pakistan. Following are the excerpts of the conversation: According to the leading …
Read More »Foreign debt in statistics
Presently Pakistan’s external debt and liabilities reached historical level of $113.8 billion at the end of September 2020, due to fresh borrowing from multilateral and bilateral sources on account of public debt. The economists reveal that economic growth and development …
Read More »Threat of growing black economy
It is not only the challenge of Cvoid-19 pandemic looming on the horizon of country’s economy, but also it is growing size of black economy, outcome of corrupt practices flourishing with dimensions like manipulation of funds allocated for development expenditures, …
Read More »Pick up activities in real estate sector moving in right direction
Interview with Muhammad Ejaz — Chief Executive, Arif Habib Dolmen REIT Management Limited Induction of mortgage finance facilities will be true game changer for the sector PAGE: Could you tell us about the recent developments in the real estate sector …
Read More »How debt for climate swaps could spur a green recovery
To “build back better”, we must make sure economic recovery plans also foster resilience to climate change. Debt-for-climate swaps could offer countries debt relief in exchange for a specific commitment to environmental goals. Debt swaps need to free up resources, …
Read More »Policies and pandemics
Previous research on plagues and pandemics ranging from 14th century to the recent Spanish flu has established that pandemics greatly reshape how a society functions. As initially, the pandemic strains the health system, however, the stress becomes apparent in other …
Read More »Review of Pakistan’s foreign loans
The present government of Pakistan statistics showed that, took over $13 billion in foreign loans in the previous fiscal year — the second highest amount in history — to repay maturing external debt and cushion the shrinking foreign exchange reserves. …
Read More »The Countries with the Largest National Debt Burdens
This chart uses IMF estimates to show the countries most burdened by their national debt. Japan has by far the biggest problem, with general government gross debt at 238 percent of its GDP. In fourth place, the economic struggles of Lebanon add an extra …
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