Pakistan’s GDP grows 1% YoY in 2QFY24 – that’s contraction not growth!
aahsoomro.substack.com
Those who are still rejoicing that the economy has shown some signs of positive growth are living in a denial. As a country, the first parameter to assess growth metric is population growth. Pakistan is constantly bloating with 2.4-2.5% population growth with higher population growth in lower income strata. On per capita basis, we have contracted and contracted badly.
Pakistan’s GDP grows 1% YoY in 2QFY24 – that’s contraction not growth!
Pakistan’s GDP grows 1% YoY in 2QFY24 …
Pakistan’s GDP grows 1% YoY in 2QFY24 – that’s contraction not growth!
Those who are still rejoicing that the economy has shown some signs of positive growth are living in a denial. As a country, the first parameter to assess growth metric is population growth. Pakistan is constantly bloating with 2.4-2.5% population growth with higher population growth in lower income strata. On per capita basis, we have contracted and contracted badly.