21

Jan

Govt revises up FY21 growth rate to 5.4pc, GDP to $347bn

By Mubarak Zeb Khan Published in DAWN on January 21, 2022 ISLAMABAD: The size and growth rate of Pakistan’s economy increased significantly during 2020-21, making it the second-highest economic growth recorded in the last three years of the incumbent government. As a result of the rebasing exercise, the growth rate improved from the earlier estimate of 3.94pc […]

Change of Base Year & its Impact on Key Economic Indicators

Government of Pakistan Finance Division Economic Adviser’s Wing   Subject: Change of Base Year & its Impact on Key Economic Indicators   Table-1: Impact of Re-basing on Macro-Economic Variables       Indicators Fiscal Year 2021 % Change Base Year 2006 Base Year 2016 Real Sector GDP Size (current) (Rs mn) 47,709,325 55,488,010 16.3 GDP Size (current) ($[…]

21

Jan

Land grab or river revival? Inside $7 billion Ravi city project

Published in The News on January 20, 2022 After the British divided Pakistan and India more than seven decades ago, Suleman Mohammad Sajjad Warraich’s father received a section of land on the outskirts of Lahore. It was a place to put roots in the new nation. Later on, Warraich and his family filled their 300 collective acres[…]