Around the world, economies are stabilizing. But the trade tension between the superpowers USA and China continues to send ripples in the global economic pond, affecting emerging countries, specifically.The World Bank has a conservative global market outlook for 2020, which it estimates to be about 2.5 percent. It is not a significant improvement from the post-crisis numbers registered in 2019. Emerging economies are expected to suffer a slowdown at the levels near the global financial … [Read more...] about Global Market Trends to Watch Out For in 2020
GDP
Sugarcane in Pakistan – Physical and Economic Factors
Sugarcane is a Kharif. Sugarcane is an important cash crop of Pakistan. It is a type of long grass “perennial” in nature. The first crop is called “plant cane” and the succeeding crops are called “Ratoon Crops”. Although it is a plant of tropical regions. It can also be cultivated in sub-tropical areas.In Pakistan, Sugarcane is cultivated in the spring season in the month of February or March. It is harvested in November or December. Sugarcane is included in both Rabi and Kharif Crops. It is a … [Read more...] about Sugarcane in Pakistan – Physical and Economic Factors
Importance of Agriculture in Pakistan – Contribution to Economy
The agricultural sector of Pakistan has made a significant contribution to its GDP. When the GDP of the country grows, economic development takes place. In the beginning, the agricultural sector had the highest share in the GDP but then the service sector became the chief provider with the passage of time.Livestock accounts for 9% of the total GDP and 4% of the agricultural sector. Importance of Agriculture in PakistanForeign Exchange Earner The agricultural area is the major source of … [Read more...] about Importance of Agriculture in Pakistan – Contribution to Economy