Head of PPP Media CellOpposition may be grappling to recover its political ground because of the fissures within the ruling party‘s neck may be between sword and block as the ‘Tareen.
Investment indicators worsen
Foreign direct investment increases 5.4% year-on-year. PHOTO: INP
ISLAMABAD:
Investment indicators have further deteriorated for the third consecutive year but savings ratio as percentage of size of the economy has exceeded the annual target due to sharp improvement in the external account, showed official statistics. The details of the national accounts also revealed that the government did not use the final notified results of the sixth population census, which showed headcount at 207.68 million in 2017.
This has put a question mark on the claim of the Ministry of Planning and Development that per capita income in dollar terms grew by 13.4% to $1,543 in fiscal year 2020-21. The figure would drastically come down, if the actual population number is used. Instead of taking the 207.7 million population figure for fiscal year 2016-17, the Ministry of Planning has used the 197.3 million population figure for working out the per capita income. The Counci