Pakistan forecasted to become fastest growing Muslim economy, 5th in the world
KARACHI, JAN 10, (DNA) – Pakistan has been forecasted to become the fastest growing Muslim economy around the world in 2017, estimated financial indicators published by The Economist suggested Tuesday.
Pakistan’s GDP growth – +5.3pct – is ahead of Israel’s +4.0pct growth rate. With this, Pakistan also becomes the fifth fastest growing world economy, only behind four other countries, China, India, Vietnam and Philippines.
The live data, which is twice updated daily, is published on The Economist website in terms of economic and financial indicators.
The four other world economies ahead of Pakistan are: India (+7.5pct), Vietnam (+6.6pct), China (6.4pct), and Philippines (+6.4pct).
Pakistan also beats major Muslim economies in the list: Indonesia (+5.2pct), Malaysia (+4.6pct), Egypt (+4.0pct), and Turkey (+2.9pct).=DNA
===============
Related News
PM-Address-D8 Youth, SMEs, key drivers of economic development: PM
CAIRO, Dec 19 (APP/DNA):Prime Minister Muhammad Shehbaz Sharif on Thursday, underscoring vital role of youthRead More
Azerbaijan’s restoration of Shusha highlights need to protect islamic heritage
ISLAMABAD, DEC 19 (APP/DNA):The restoration of Shusha, a historic cultural hub, stands as a powerfulRead More
Comments are Closed