Tag Archives: India
Foreign Reserves Phenomenon: Shaukat Aziz versus PPP
Written By: Afreen Baig Foreign Reserves – a significant economic indicator and of vital importance to every expanding economy. Foreign Reserves is the first and basic economic indicator that transmits an air of confidence and trust, amongst … Continue reading
Filed under Investment, Pakistan Economy, Shaukat Aziz
The Pak Economy: Bigger than We Think
The first step in measuring an economy is establishing a profile of the GDP. Pakistan has only rebased twice, in 1969 to the 1960 base year, and in 1988 to the 1980 base year. In 1997, the Nawaz Sharif government began the technocratic process of rebasing. This process, which involved IMF representatives, was completed this year, and the economy was rebased to 1999 data.
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Filed under Indian Economy, Pakistan Economy