Minister of State for Information and Broadcasting Farrukh Habib on Wednesday termed the growth rate of 5.37 per cent despite huge global challenges as an accomplishment of the incumbent government. In a tweet, the state minister wrote that a sustainable growth rate of 5.37 per cent despite Covid-19, global high inflation, and other economic challenges … Read more
Parliamentary Leader Pakistan Peoples Party (PPP) Sherry Rehman said that the government is showing dubious growth figures to cover up their incompetence. She took to Twitter and said, “in contrast to the government report, IMF announced 4% growth rate at 2% and the World Bank at 1.5%. This is not the first time the government … Read more
Pakistan growth rate projected with a low of 2.5 percent for the current fiscal year owing to Covid 19. Moody’s investor service in latest regional credit outlook reported low Pakistan growth rate. However it said risks for the entire Asia-Pacific (APAC) region were generally on the downside. In December 2019, the New York-based rating agency … Read more
India’s Gross Domestic Product (GDP) growth has slipped to a 26-quarter low of 4.5 per cent in the second quarter (July-September) of the current fiscal, data released by National Statistical Office (NSO). The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March … Read more
