Tag: GDP

ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP ratio

Incheon South Korea, May 07 (APP): The Asian Development Bank (ADB) has suggested Pakistan to provide targeted subsidies to mitigate inflationary pressure on people; bring about necessary structural reforms and enhance tax to GDP ratio to come out of existing uncertain economic situations and steer the economy towards a sustainable growth trajectory. In a joint… Continue reading ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP ratio

Institutions, politicians owe to nation to sober up, unite & deliver: President

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ISLAMABAD, Apr 3 (APP): President Dr Arif Alvi on Monday said inadequate investment in human capital was an important issue that needed to be addressed by the institutional and political leadership. “Institutional and political leadership owes it to the nation to sober up, unite & deliver,” he wrote on Twitter. The president regretted that the… Continue reading Institutions, politicians owe to nation to sober up, unite & deliver: President

Fiscal deficit contained at 1.4%, primary balance improves

ISLAMABAD, Feb 6 (APP):The fiscal deficit during the first five months (July-November) of the current fiscal year has been contained at the same level of 1.4 percent of GDP as it was recorded in the comparable period last year, finance ministry said in a report. According to the monthly Economic Update and Outlook for January… Continue reading Fiscal deficit contained at 1.4%, primary balance improves

Ensuring irrigation water to tail-enders: A key solution to revitalize economy

By Dr. Saeed Ahmad Ali LAHORE, Jan 02 (APP):Agriculture is crucial to economic growth as it accounts for 4 percent of the global Gross Domestic Product (GDP) while in developing countries, it accounts for more than 25 percent of the GDP. A healthy, inclusive, and sustainable food system is vital for achieving the rapidly growing… Continue reading Ensuring irrigation water to tail-enders: A key solution to revitalize economy

Pakistan’s annual GDP can fall 18-20% by 2050 due to climate change risks: WB

ISLAMABAD, Nov 17 (APP):Pakistan’s annual Gross Domestic Product (GDP) is at risk of fall by 18 to 20 percent by 2050 due to the combined risks from intensification of climate change and environmental degradation in the country, if the climate change issues are left unaddressed. “The combined risks from the intensification of climate change and… Continue reading Pakistan’s annual GDP can fall 18-20% by 2050 due to climate change risks: WB

Pakistan has taken steps to improve business environment: Amb. Masood Khan

WASHINGTON, Nov 17 (APP):Pakistan has taken a number of steps to enhance the ease of doing business, Ambassador Masood Khan has told Pakistani-American businessmen in Los Angeles, California, urging them to become part of the country’s economic transformation. “Pakistan is an ideal destination for U.S. investors and businesses due to its unique geo-economic position and… Continue reading Pakistan has taken steps to improve business environment: Amb. Masood Khan

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