57686
Pakistan Economy Set to Grow
Pakistan Economy Set to Grow

Pakistan Economy Set to Grow

Pakistan Economy Set to Grow

Pakistan’s economy is all set to grow further in the current year due to government’s pro-growth policies as indicated in its economic indicators, APP reported. According to a report, Pakistan continued its march from being a frontier economy to becoming an emerging market. It said 2017 may be the best year in the country’s 70-year-long history. These changes are likely to take place from increase in foreign investment to the auto industry. Although gross domestic product growth forecasts by International Monetary Fund, World Bank and others may vary, but Pakistan’s GDP is likely to grow by 4.7% this year. The annual GDP may increase from $270 billion to around $300 billion and for the first time, the purchasing power parity may cross the $1 trillion mark, it added. It said Pakistan is currently 40th largest economy in the world and its ranking may improve by a point or two.

 

Short URL : https://goo.gl/VzpYsU
  1. https://goo.gl/Vhf8WA
  • https://goo.gl/yFCMyB
  • https://goo.gl/Wo8qVy
  • https://goo.gl/1Ky5qo
  • https://goo.gl/3ouu0A

You can also read ...

China is likely to develop a major overcapacity in production of industrial robots. This will tend to result in building too many factories, and that in turn means price-dumping on global markets.
The Chinese government has adopted a 'Made in China 2025'...
The Trump administration has expressed interest in combating America’s trade deficit with individual countries like China and Mexico.
As the nation was reeling from the racially charged violence...
China mainland stocks enjoyed some of  the steepest gains.
Emerging stocks and some currencies ended the week on a sour...
Brazil Showing Signs of Recovery
Economic activity in Brazil expanded at a faster pace than...
Consumer confidence in Singapore has picked up.
Singapore residents were significantly more optimistic about...
Russia Continues With Privatizations
Russia’s Economy Ministry is continuing with the sale of state...
Academia and business leaders have expressed confidence in the bloc to drive world economic growth.
Academics and business leaders from developing countries...
Fitch Upgrades Greece Debt
Credit rating agency Fitch on Friday upgraded Greece’s debt by...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus