Beijing’s 2024 Growth Goal Politburo Faces Economic Challenges
July 30, 2024
Beijing is racing to achieve its goal of five percent annual growth in 2024, a target considered ambitious by many experts as the world’s second-largest economy faces headwinds including an indebted real-estate market, flagging consumption, and high youth unemployment. Tuesday’s gathering of the Communist Party’s powerful Politburo of senior officials was billed as a chance […]
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Budget 2024-25: Managing the Deficit
June 11, 2024
Pakistan’s budget deficit is a major concern, with government expenditure soaring. The expenditure to GDP ratio is over 22%, compared to around 15% in Bangladesh. Last year, the budget deficit exceeded Rs13 trillion. This year, it is projected to be around Rs 11 trillion, despite the government’s initial estimate of Rs 6.5 trillion to Rs […]
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