Two of the common complaints are: 1) Pakistan’s GDP size is too small and 2) GDP growth also does not compare well keeping in view population growth rate. Over the years experts have been working on different options but little has been done to document the economy. According to some experts the size of documented economy is just one-fourth of the actual. On one hand this does not allow …
Read More »Concerted efforts needed to raise GDP in Pakistan
Pakistan GDP growth rate rose to 3.7 percent in 2012 from the previous year. Throughout the history from 1952 to 2012, GDP growth rate averaged 5.0 Percent reaching an all time high of 10.2 Percent in June of 1954 and a record low of -1.8 percent in June of 1952. Pakistan has a developing semi-industrialized economy that depend mostly on manufacturing, agriculture and remittances. In spite of the fact …
Read More »SAARC region needs inclusive economic growth
Pakistan keen to build TAPI for the benefit of the region The Prime Minister of Nepal Mr. Sushil Koirala has rightly pin pointed with a wake up call that despite remaining in proximity, the countries in the South Asian Association of Regional Cooperation (SAARC) region did less than 5 percent trade among them as lack of physical connectivity; political will and long list of products under sensitive list have …
Read More »Awareness about benefits of insurance vital for growth: CEO, SPI Insurance
Insurance plays a key role in sustainable growth both on social and economic fronts, said Mian M. A. Shahid CEO, SPI Insurance, however, awareness of the masses at grassroots level about the benefits of insurance is equally important for growth of insurance in the country. Mian M. A. Shahid was addressing the 10th annual general meeting of SPI Insurance, which was attended by members of the board of directors and …
Read More »Transport and logistics vital for growth of Pakistan trade
Interview with Sayyid Mansoob Hasan, An analyst PAGE: Tell me something about yourself, please: Sayyid Mansoob Hasan: I have over 23 years of experience. I have worked with non-banking financial industry at senior positions like CFO, HIA and Director. Since 1995, I am engaged in Public Practice as a Cost & Management Accountant and Management Consultant. My firm MANSOOB & CO. is providing solutions to business problems of the …
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