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Inconsistencies in GDP estimates

The Ministry of Finance has issued a clarification on the 22nd of June in Business Recorder on the editorial earlier in the newspaper titled 'A Charitable View of Pakistan's Economy'. The Ministry…

Beyond GDP

French economist Thomas Piketty in his book Capital in the Twenty-First Century shows that the rate of capital return is persistently greater than the rate of economic growth, and that…

Controversy on GDP

The announcement by the government – that during the nine months of the current fiscal year GDP growth has touched the 3.94 percent mark and is likely to end up…

What’s wrong with the GDP?

Each year towards the end of May we look to the Federal Bureau of Statistics (FBS) to report the gross domestic product (GDP) numbers, which is the official word on…

Covid-19 and the lost GDP

Some folks have complained about the loss of GDP over the last five months and questioned whether the shutdowns have been worth the price. While people often toss around huge…

From GDP growth to CDP growth

Macroeconomic figures are the first impression of a country's development. As they say first impression is the last impression. Not so, in every case. Numbers are crucial for measuring anything…

The rise in tax-to-GDP ratio

The tax-to-GDP ratio combined of taxes collected by the Federal Board of Revenue (FBR) has gone up appreciably over the last four years. It was 8.4% of the GDP in…

Lower GDP growth rate in 2018-19

The economy has been in a state of ‘stagflation’ for over a year now. The GDP growth rate has fallen while there has been a spurt in the rate of…

How RDs Hampering GDP Growth, Exports

How RDs hampering GDP growth, exports

The two most frequently used tools by the present government for raising new taxes and enlarging the tax base are regulatory duties on imports and withholding taxes on services. While…