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Home Economy

Pakistan’s economy is expanding in relation to its competitors

Bilquees Anwar by Bilquees Anwar
December 7, 2022
in Economy
Reading Time: 2 mins read
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Pakistan's economy is expanding in relation to its competitors

Its rise continues to be a topic of public attention at many venues and frequently prompts discussions and debates on the national and international levels in Pakistan despite the country’s unstable economy. One such conversation was the annual “Margalla Dialogue” in Islamabad, which is a prestigious conference put on by the Islamabad Policy Research Institute (IPRI).

The debate seeks to be the premier venue for generating fresh perspectives and outlining the future in a political and technical landscape that is undergoing rapid change.

The third annual dialogue was held this year at IPRI with a focus on the geopolitical realities that are currently materializing on a global scale.

President of Pakistan H.E. Dr. Arif Alvi, Prime Minister Shahbaz Sharif, Former COAS General Qamar Javed Bajwa, Finance Minister Ishaq Dar, Former Senator and Federal Minister Javed Jabbar, among many others, were among the notables who attended the dialogue.

Ali J. Siddiqui, a former ambassador of Pakistan to the United States, spoke at the event and provided a 25-year economic prediction for Pakistan based on its current growth rate.

His predictions state that if the present economic growth rate of 5% is maintained, Pakistan’s population will increase by 3.5 times over the course of the next 25 years.

When contrasted with the growth rates of comparable countries like India, Indonesia, Iran, and Bangladesh, this figure is lacking.

To read our latest blog on “In Pakistan, no ‘economic emergency’ has been declared,” click here

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Bilquees Anwar

Bilquees Anwar

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