Join our Whatsapp channelEconomics 101 indicates that a country with a savings rate below its investment will find it difficult to achieve sustained growth....
It also states that a country with a low financial literacy rate, high inflation and high cash in circulation( cash printed but not in any bank account) will have a very low national savings rate. Pakistan fits this diagnosis perfectly....
Thirdly, we remain a cash economy; money in circulation as of March 14 stood at Rs9.1 trillion. Th
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2025-04-28 00:00:00.0