The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
The Lahore School of Economics macro model estimates that Pakistan's GDP growth for FY 2023-2024 is projected at 1.68%, reflecting ongoing weaknesses in sectoral performance, particularly in large-scale manufacturing, which barely broke even after a…