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HSBC: Pakistan Among World's Fastest Growing Economies Till 2030

From the Blog riazhaqRecently released HSBC report titled "The World in 2030" says that "five Asian economies will be among the world's six fastest-growing economies – Bangladesh, India, Philippines, Pakistan and Vietnam". HSBC ranks Pakistan at number 4 in terms of GDP growth till 2030 and expects Pakistan to rise from the world's 40th biggest economy in 2018 in nominal terms to the world's 30th largest economy by 2030. Pakistan economy does face some short-term headwinds because of its balance of payments crisis requiring an IMF bailout. However, longer term prospects for growth look good. American business publication Wall Street Journal has produced a short video explaining how its staff sees what it describes as "US-China conflict brewing in Pakistan". What is at stake in the battle between Chinpakistanblogs.blogspot.comRead Full PostComments

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