Growth for the rich : vimarsana.com

Growth for the rich


Growth for the rich
June 7, 2021
A heated debate is going on between the government and opposition over the state of the economy, and a controversy has developed over the GDP growth rate. Both the government and the opposition are coming up with half-truths to support their arguments, with both sides using selective figures to prove their respective case.
The PTI government is celebrating the news of a 3.94 percent growth rate of Pakistan’s economy during FY 2020-21. The projected growth rate of 3.94 percent has beaten all predictions including that of the State Bank of Pakistan. The IMF and the World Bank had predicted a 2 percent growth rate during this financial year. The government was expecting a growth rate around 3 percent. But it suddenly jumped to 4 percent.

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