Search results
Results from the WOW.Com Content Network
Following Coronavirus in 2020 foreign investment in domestic bonds "left the country", [5] while in June 2023 FDI fell to a twelve-year low. [6] The establishment of the SIFC is seen as a response to the requirement for economic revitalization during Pakistan's economic crisis, specifically addressing the obstacles posed by bureaucratic red tape and intricate regulations that act as deterrents ...
The gross domestic product (GDP) of a country is a measure of the size of its economy, or more specifically, monetary measure of the market value of all the final goods and services produced. [29] The most conventional economic analysis of a country relies heavily on economic indicators like the GDP and GDP per capita. While often useful, GDP ...
In banking this was done through the use of sales transactions (focusing on the fixed rate return modes) to support investing without interest-bearing debt. Many modern writers have strongly criticized this approach as a means of covering conventional banking with an Islamic facade. [103] (Sohrab Behada has argued that the economic system ...
As of 1 January 2025 Pakistan inflation rate was 4.1% lowest in 6.75 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive external borrowings by the country over the years raised the spectre of default, causing the currency to fall and making imports more expensive in relative terms.
Its impact resulted in the fall of around 62% of KSE-100 index, lowest at 27,200 on March 25, 2020, from the high of 43,218 points on January 13, 2020. Despite the fall greater than 2005 and 2008 crisis, The market remained calm and confident, and no investors have made accusations of market manipulations and unfair trading. [21]
Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s. In the fiscal year 1959–60, the Per Capita Gross National Product (GNP) stood at Rs. 355 in West Pakistan and Rs. 269 in East Pakistan, indicating a growing economic disparity between the two regions. [45]
Similarly, the US newspaper "USA Today" termed Karachi Stock Exchange as one of the best performing bourses in the world. By September, 2020, the year of global crisis and recession, PSX-100 was leading the global markets in correction with a return at 38.5% making PSX the best performer in Asia and fourth-best performing stock market in the world.
Per capita GNP growth rate from 1985 to 1995 was only 1.2 percent per annum, substantially lower than India (3.2), Bangladesh (2.1), and Sri Lanka (2.6). [2] The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959.