PRIME’s latest Prosperity Index reveals an encouraging picture of Pakistan’s economic rebound. The new year began with Pakistan Prosperity Index (PPI) standing at the highest mark, 126.1 (January 2021). A special feature of this edition is simultaneous improvement in purchasing power, credit to private sector and growth in large-scale manufacturing.
The financial and business uncertainties of 2020 have been carried forward in 2021 across the globe. However, Pakistan’s economy appears to be struggling less relative to its regional counterparts with key economic indicators on the rise. The report establishes the increase in prosperity as a result of the improvement in three out of four indicators aggregated to calculate PPI namely, purchasing power, private sector credit and growth of large-scale manufacturing.
To read the Report and Methodology, click on the PDF’s given below: