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Investment indicators worsen

Investment indicators worsen Foreign direct investment increases 5.4% year-on-year. PHOTO: INP ISLAMABAD: Investment indicators have further deteriorated for the third consecutive year but savings ratio as percentage of size of the economy has exceeded the annual target due to sharp improvement in the external account, showed official statistics. The details of the national accounts also revealed that the government did not use the final notified results of the sixth population census, which showed headcount at 207.68 million in 2017. This has put a question mark on the claim of the Ministry of Planning and Development that per capita income in dollar terms grew by 13.4% to $1,543 in fiscal year 2020-21. The figure would drastically come down, if the actual population number is used. Instead of taking the 207.7 million population figure for fiscal year 2016-17, the Ministry of Planning has used the 197.3 million population figure for working out the per capita income. The Counci

Economists divided on 3 94pc GDP growth rate projection - Newspaper

LAHORE: The country’s leading economists have expressed mixed view on the provisional estimate of 3.94 per cent GDP growth rate projected by the National Accounts Committee (NAC) and said it negates the government’s own estimate of 2.9pc GDP growth approved by the federal cabinet last month. Last month, the federal cabinet approved the medium-term budget strategy paper and shared it with the International Monetary Fund (IMF). In this paper, the government estimated 2.9pc GDP growth for ongoing fiscal year. “But now, all of sudden within a couple of weeks, how it has jumped to 3.94pc,” wonders former finance minister Dr Hafeez Pasha. “The State Bank of Pakistan’s estimate ranged between 2.8pc and 3pc while the estimates of the IMF and the World Bank stood at about 2pc and 1.5pc, respectively,” he said.

In troubled waters - Newspaper

El bitllet del bus d Escaldes valdrà 1 euro després d un període gratuït | BonDia Diari digital d Andorra

El bitllet del bus d Escaldes valdrà 1 euro després d un període gratuït | BonDia Diari digital d Andorra
bondia.ad - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondia.ad Daily Mail and Mail on Sunday newspapers.

La nova ordenació de la Vall del Madriu prohibirà l accés de vehicles rodats a l espai

La nova ordenació de la Vall del Madriu prohibirà l accés de vehicles rodats a l espai
diariandorra.ad - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diariandorra.ad Daily Mail and Mail on Sunday newspapers.

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