Tag Archives: GDP

Both the number of confirmed infection cases and deaths caused by coronavirus disease COVID-19 are still growing rapidly across the world. As of Oct 10, 2020 the total infection cases stood at 36.8 million and total deaths at 1.07 million. …

Two German cities, Munich and Frankfurt, were found to have the highest risk of a housing bubble developing in a recent survey released by investment bank UBS. Other cities at risk were Toronto, Hong Kong, Paris, Amsterdam and Zurich. In Munich and …

As we rebuild the post-COVID global economy, we must invest in women and women-led small and micro businesses (SMBs). Equitable access to capital and digital payments can ensure a more inclusive recovery. Collaborative public-private partnerships are bridging gender gaps in …

The outbreak of pandemic COVID-19 in 2020 was not only unexpected but also a surprise for the world. The COVID-19 has deep long-lasting impact on every sphere of life extending from social to cultural and economic spheres. As this is …

Economic structures Agriculture accounts for 25% of the country’s total economy. The main crops are cotton, rice, wheat, sugarcane and corn. Pakistan is also an exporter of fruits and aquatic products; industry accounts for 24% of the total economy, textiles …

Reduction in interest rate is a must for bringing down cost of doing business in the country On 21st September 2020, State Bank of Pakistan (SBP) announced to keep the policy rate unchanged at 7 percent. It was announced that …

Net FDI In Pakistan ($ Million) Details 2009-10 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Aug FY21 (P) China 126.1 90.6 695.8 340.8 1,048.30 763.2 1,311.90 130.8 844.1 6.6 UK 205.8 633 157 169.6 151.7 215.4 304.6 185 117.3 …

According to the statistics released by the Pakistan Bureau of Statistics (PBS), the Large-scale Manufacturing Industries (LSMI) production increased by 5.02 percent on a year-on-year basis during the first month (July) of the current fiscal year (FY21) as against to …

As the economy moves towards the end of FY20, it continues to face high uncertainty owing to the challenges posed by the COVID-19 pandemic on several economic fronts. High levels of uncertainty are also reflected in recent State Bank of …

International experts revealed that falling remittances may affect sovereign ratings by external finances and economic growth. Remittances are a key source of foreign currency receipts. As a consequence, lower remittances would most likely widen current account deficits, contributing to higher …

When it comes to education, there are not only big differences in attainment levels across the world, but also the amount of a country’s resources which are spent on investment in the sector. According to the OECD’s latest report, Norway is one …

Recently, Prime Minister Imran Khan said that rising pension bill is a far more serious problem for the government than the power sector debt. It is a fact that unfunded pension liabilities are ballooning and will become financially untenable if …