PakAlumni Worldwide: The Global Social Network

The Global Social Network

Assessment of the State of Pakistan Economy in May, 2014

Presentation by Mohsin Chandna, Economic Minister at Pakistan Embassy in Washington DC, to University of Chicago Pakistan Club on May 3, 2014. 

Pakistan 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.

's current investment rate (savings+FDI) is about 12% of GDP which is producing about 3% GDP growth.

Read more at http://www.riazhaq.com/2014/05/declining-investment-hurting-pakista...

Views: 373

Attachments:

Reply to This

Replies to This Discussion

#Pakistan’s debt-fueled journey from $6b to over $15b in foreign exchange reserves under #PMLN #Nawazsharif #PTI #PPP http://tribune.com.pk/story/972449/sbps-reserves-pakistans-journey-...

In addition to total disbursements amounting to $4.5 billion from the IMF since 2013, Pakistan has also raised at least $3.5 billion from the international bond market by floating Sukuks and Eurobonds.

In its many reports on the economy, the SBP has made it abundantly clear that it is not particularly fond of the government’s approach to shore up foreign exchange reserves on borrowed funds.

It should be noted that repayments to the Paris Club — following the debt rescheduling of December 2001 – are set to begin in 2016-17 whereas IMF repayments will start from 2017-18. It is against this backdrop that the SBP believes shifting financing away to non-debt creating inflows (i.e. foreign investments) is a must to strengthen the country’s debt servicing capacity in the future.

“A sustainable solution requires narrowing the FX gap with real earnings from exports and/or remittances, rationalisation of imports, and curbing smuggling,” the central bank advised the government in one of its recent reports.

RSS

Pre-Paid Legal


Twitter Feed

    follow me on Twitter

    Sponsored Links

    South Asia Investor Review
    Investor Information Blog

    Haq's Musings
    Riaz Haq's Current Affairs Blog

    Please Bookmark This Page!




    Blog Posts

    Pakistan's Insatiable Appetite For Energy

    Pakistan's consumption of oil and gas has rapidly grown over the last 5 years, an indication of the nation's accelerating economic growth. Pakistan is among the fastest growing LNG markets, according to …

    Continue

    Posted by Riaz Haq on November 15, 2018 at 2:00pm — 3 Comments

    Pakistan's Scientific Output Doubles in 5 Years

    Pakistan's quality-adjusted scientific output (Weighted Functional Count) as reported in Nature Index has doubled from 18.03 in 2013 to 37.28 in 2017. Pakistan's global ranking has improved from 53 in 2013 to 40 in 2017. In the same period, India's WFC has increased from 850.97 in 2013 to 935.44 in 2017. India's global ranking has improved from 13 in…

    Continue

    Posted by Riaz Haq on November 12, 2018 at 3:30pm — 2 Comments

    © 2018   Created by Riaz Haq.   Powered by

    Badges  |  Report an Issue  |  Terms of Service