Declining Investment Hurting Pakistan Economic Growth
From the Blog riazhaqPakistan needs investment of 20% of GDP to achieve 5% economic growth, a capital-to-output ratio (COR) of four, according to Mohsin Mushtaq Chandna, economic minister at the Pakistan Embassy in Washington, DC. *Major Issues:* In a wide-ranging presentation to the Pakistan Club at the University of Chicago Booth School of Business, Mr. Chandna, an alumnus of the university, listed the following major issues facing Pakistani economy: 1. Pressure on capital account 2. Declining FDI 3. Declining tax to GDP ratio 4. Over reliance on monetary policy 5. Excessive domestic borrowing 6. Extremely volatile internal and external geo-political environment 7. Energy shortages 8. Increase in poverty and unemployment rates *Heavy Borrowing: * To make up for the shortfall in investments anpakistanblogs.blogspot.comRead Full Post
GEO – Going for a Settlement?
From the Blog defenceblogAlthough the Hamid Mir dramatic event is dying down its own death because of inability of people in charge of this act to prove their accusations, but they should not be given an easy escape because this incident has shook all the nook and corners of Pakistan, hurting the feelings of a large number of the Pakistani community not only in cantonment areas of Pakistan but throughout thepakistanblogs.blogspot.comRead Full Post
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