The Economist - The World in 2021 - USA (2020-11-24)

(Antfer) #1

Pakistan


GDP growth: 0.8%

GDP per head: $1,180 (PPP: $4,690)

Inflation: 6.0%

Budget Balance (% GDP): - 7.6

Population: 225.2m

The Pakistan Tehreek-e-Insaf government under the prime minister, Imran Khan, will
retain power through a tacit agreement with the army, which runs security policy and
foreign affairs. Opposition parties will combine to obstruct the legislative programme,
but with their leaders in jail or under investigation they will not threaten the
government’s survival. Public spending and record remittances from expat workers
cushioned the blow from covid-19, but getting back even to the recent modest rate of
growth will take a couple of years.


Philippines


GDP growth: 5.8%

GDP per head: $3,610 (PPP: $9,150)

Inflation: 3.2%

Budget Balance (% GDP): - 6.8
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