shift

Pakistan should shift to efficiency-driven economy

Pakistan should shift to efficiency-driven economy

ISLAMABAD:International institutions use different criteria to classify economies. The World Bank classifies economies on the basis of per capita income into low-income ($1,005 or less), lower middle-income ($1,006-$3,955), upper middle-income ($3,956-$12,235) and high-income groups ($12,236 or more).Likewise, the International Monetary Fund (IMF) categorises countries into emerging or developing and advanced economies. In the UN system, […]