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Divide between nominal vs real GDP

The consolidated federal and provincial fiscal operations data for fiscal year 2024-25 assumes nominal Gross Domestic Product (GDP) at 124,150 million rupees (defined as total market value of goods and…

Rehashing GDPR

DESPITE numerous attempts to introduce a robust data protection law that values the privacy of individuals and encourages growth, the proposed law on data protection fails to align the expectations…

Paradigm behind an ideal tax-to-GDP ratio

One point of commonality in all twenty-three International Monetary Fund (IMF) programmes secured by Pakistan to date is an emphasis on raising tax revenue with more recent programmes seeking not…

Estimation of the quarterly GDP

Pakistan has committed to the IMF in the Memorandum of Economic and Financial Policies, as part of the Stand-by Facility, that by end of November 2023, the Pakistan Bureau of…

GDP estimates: fudging under way?

The economic recession in Pakistan is getting worse. GDP contraction is happening at a much faster pace than was expected. The numbers are shaping up uglier than what many analysts…

The GDP growth this year

The budgeted Gross Domestic Product (GDP) growth rate was an unrealistic 5 percent (10 June 2022), downgraded to 3 percent subsequent to the devastating floods and in recent reports the…

Adding $80 billion to the GDP

Can you name the country where women have the smallest share of senior, managerial and legislative roles? Can you name the country that has one of the largest gaps between…

GDP growth in 2022-23 — II

The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from the supply-side in terms of the sectoral growth rates.…

GDP growth in 2022-23

The World Bank has revised its projection downwards of the GDP growth rate of the economy of Pakistan in 2022-23 from 4% to 2%. Presumably, this reflects the negative impact…