ISLAMABAD: The World Bank (WB) has anticipated 4% Gross Domestic Product (GDP) growth rate in Pakistan for the upcoming fiscal year, 2022-23. The government, however, has estimated 5% GDP growth …
GDP growth
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EconomyLatest Updates
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In first half of fiscal year 2021-22 the ministry has reported 4pc growth which will surge to 5pc at the end of this financial year
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In first half of fiscal year 2021-22 the ministry has reported 4pc growth which will surge to 5pc at the end of this financial year
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Imam says country has potential to fetch $4.75b by exporting its surplus produce۔
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EconomyLatest Updates
SBP chief insists economy will grow by around 5% in FY2022
by Umar Sohailby Umar SohailReza Baqir says the SBP is working with the government, banks, and other stakeholders to ensure sustainable growth. The government and the IMF would soon announce the agreement to resume …
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EconomyLatest Updates
SBP chief insists economy will grow by around 5% in FY2022
by Umar Sohailby Umar SohailReza Baqir says the SBP is working with the government, banks, and other stakeholders to ensure sustainable growth. The government and the IMF would soon announce the agreement to resume …
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The IMF program has been in recess since March this year owing to divergent views of the two sides & efforts are to bring it back on track.
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EconomyLatest Updates
World Bank lowers Pakistan’s GDP growth prospects
by Umar Sohailby Umar SohailWorld Bank projects Pakistan GDP to grow at 3.4%. Growth rate can hit 4% mark in FY2023 if government implements key structural reforms. WB projects region to grow by 7.1% …
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EconomyLatest Updates
Pakistan economic Recovery & Vaccine Rollout To go steady & Parallel
by Umar Sohailby Umar SohailPakistan’s economic growth rebounded to 3.9% in fiscal year (FY) 2021 (ending 30 June 2021) and is expected to reach 4.0% in FY2022 as business activity gradually resumes in the …
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EconomyLatest Updates
Income tax returns 2021: Finance Minister Shaukat Tarin hints at extending deadline, Food Items TO Get Subsidies
by Umar Sohailby Umar SohailThe government is likely to extend deadline for filing tax returns. The government will establish commodity warehouses and cold storages in the country to facilitate the growers, says Tarin. The …