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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…

Overstatement of GDP growth rate

The latest Pakistan Economic Survey for 2021-22 reveals that the economy has performed well this year and the growth rate achieved is 5.97 percent. This comes on the back of…

Implications of the GDP rebasing

The Governing Council of the Pakistan Bureau of Statistics has approved the new GDP estimates, following the exercise of rebasing from 2005-06 to 2015-16, somewhat belatedly. The editorial of the…