Αποτελέσματα Αναζήτησης
2 Μαΐ 2023 · The country’s current situation has multiple causes, including overall poor economic management, corruption, and excessive spending on defense and the armed forces.
19 Απρ 2022 · ISLAMABAD, April 19, 2022 —Pakistan’s economy enjoyed a strong recovery and grew 5.6 percent in FY21 following measures taken by the Government to mitigate the adverse socio-economic impacts of the COVID-19 pandemic.
1 Απρ 2024 · The Update includes a list of key reforms in ten areas that should be considered for priority implementation to initiate a strong, durable, and poverty-reducing economic growth recovery. “The current macroeconomic outlook projects growth that is below Pakistan’s potential, with little poverty reduction and continued erosion of living ...
9 Ιαν 2024 · Pakistan’s economy is now facing one of its worst crises. Poor policy choices combined with a series of shocks—COVID-19, the 2022 catastrophic floods, and adverse global conditions—have caused growth to slow, poverty to increase, and brought the country to the brink of debt default.
Pakistan’s economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy tightening, flood impacts, import controls, high bor-rowing and fuel costs, low confidence, and protracted policy and political uncer-tainty.
Recent developments. Growth of real GDP at constant 2015-16 factor prices for FY22 was estimated at 6.0 percent. Agricultural output growth in-creased significantly on larger crop pro-duction, in line with overall beter weather conditions, and stronger livestock output.
Economic experts think that Pakistan’s economic crisis has several causes. Political instability and poor governance have been significantfactors that undermine the country’s fiscalposition. Pakistan is also highly import-dependent, particularlywith regard to energy, which renders it acutely vulnerable to hikes in global oil and gas prices.
