Private credit: Pakistan last in WB’s emerging, developing economies index ...palestine

Amid weak regulations and poor credit reporting systems, formal credit to the private sector in Pakistan has declined both in absolute and relative terms over the past few decades, says a State Bank of Pakistan report, ‘Private Credit Bureaus: Enhancing Credit Penetration by Addressing Information Asymmetries’. jwplayer("jwp-outstream-unit").setup({}); Based on the private sector credit to GDP ratio, Pakistan slipped to the bottom of the World Bank’s developing and emerging economies Index (2019) that comprises 19 countries, down three notches from its position a decade ago. The central bank study revealed this in a special section as part of The Stat

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Last updated : 19 July 2021 clock 03:45 PM

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Private credit: Pakistan last in WB’s emerging, developing economies index ...palestine

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