Tag Archives: PSDP

The studies revealed that a modernised and well-functioning road network with an integrated transport system ensures regional and global economic connectivity and integration. It reduces business costs for improving export competitiveness and trade to uplift socioeconomic growth along with offering passenger mobility gains. Furthermore, the said network is surely desired to be environmentally and economically sustainable also energy efficient. Asian Development Bank (ADB) has been helping the Government of Pakistan …

The analysis of economic survey of Pakistan FY2019 showed that the growth momentum of the Pakistani economy, at 5.5 percent in FY2018, became unsustainable because of growing macroeconomic imbalances i.e. high and rising fiscal and current account deficits. In Pakistan’s economy the twin deficits always persisted, however, in FY2018 trade deficit was historically high both in monetary value ($ 32 billion) and as a percent of GDP (10.1 percent), while the fiscal …