Pakistan’s economy stands at a crucial crossroads in 2024. As the world’s 46th largest economy by nominal GDP, Pakistan remains a significant emerging market within South Asia, with a GDP of approximately $340 billion that places it among the top 50 global economies. In this article, we explore the key drivers behind Pakistan’s economic ranking…
In a world where global trade fuels economic interdependence, understanding how currencies interact across borders is crucial. Absolute Purchasing Power Parity (PPP) offers a lens through which we can make sense of these interactions, giving us insights into how exchange rates and prices shape our financial world. This economic theory doesn’t just concern policymakers and…
The Paycheck Protection Program (PPP) was a lifeline for small businesses during the COVID-19 pandemic, providing crucial funding to cover payroll costs and essential expenses. However, as the pandemic receded and the government began examining the distribution of these loans, concerns over fraudulent applications and improper use of funds have emerged. The result? A wave…
