{"id":51464,"date":"2024-01-23T15:36:06","date_gmt":"2024-01-23T15:36:06","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/pml-n-tops-economic-management-over-past-3-decades-bloomberg-report\/"},"modified":"2024-01-23T15:36:06","modified_gmt":"2024-01-23T15:36:06","slug":"pml-n-tops-economic-management-over-past-3-decades-bloomberg-report","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/pml-n-tops-economic-management-over-past-3-decades-bloomberg-report\/","title":{"rendered":"PML-N tops economic management over past 3 decades: Bloomberg report"},"content":{"rendered":"<p><\/p>\n<div dir=\"auto\">\n<p>The PML-N delivered the \u201cbest performance in managing the economy over the past three decades\u201d compared to its political rivals, according to a <a rel=\"noopener noreferrer\" target=\"_blank\" class=\"link--external\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-22\/sharif-scores-best-for-pakistan-economy-but-risks-high-be-says\">report<\/a> from <em>Bloomberg Economics<\/em>.<\/p>\n<p>The report issued a day ago said that the PML-N \u201cscored better\u201d than the PTI and the PPP when using a combination of unemployment and inflation data called the misery index.<\/p>\n<p><figure class=\"media  sm:w-1\/2  w-full  media--right  \"><figcaption class=\"media__caption  \">Screengrab of Bloomberg report.<\/figcaption><\/figure>\n<\/p>\n<p>The report explained that it used an average of the index values over the respective years when each of the three parties was in power, adding that a higher value indicated more economic hardship for citizens.<\/p>\n<p>It noted that with PTI chief Imran Khan\u2019s legal troubles, as he remains incarcerated while his party is deprived of its election symbol, PML-N supremo Nawaz Sharif \u201clooks set to resume power\u201d after the February 8 general polls.<\/p>\n<p>However, the report said that Imran was \u201cstill the most popular politician, with an approval rating of 57 per cent, according to a recent Gallup opinion poll\u201d while Nawaz\u2019s ratings jumped to 52pc from 36pc in the past six months.<\/p>\n<p>Commenting on the development, Ankur Shukla of <em>Bloomberg Economics<\/em> said: \u201cThe public may be giving Sharif the benefit of the doubt.\u201d<\/p>\n<p>He added that the \u201croad ahead won\u2019t be easy for any party that wins the election\u201d due to inflation at persistently near record highs and unemployment also at elevated levels.<\/p>\n<p>The country\u2019s annual inflation remains sky-high, clocking in at 29.7pc last month, according to the latest <a rel=\"noopener noreferrer\" target=\"_blank\" class=\"link--external\" href=\"https:\/\/www.pbs.gov.pk\/sites\/default\/files\/price_statistics\/cpi\/CPI_Review_December_2023.pdf\">data<\/a> released from the Pakistan Bureau of Statistics(PBS).<\/p>\n<p>Additionally, the country is currently propelled by yet another International Monetary Fund (IMF) tranche release of <a href=\"https:\/\/www.dawn.com\/news\/1806589\">$700 million<\/a> for the time being, in addition to being restricted by the Fund\u2019s stringent conditions.<\/p>\n<p>The report added that \u201cthe new government will need to implement policies that may be unpopular with voters, such as withdrawing subsidies and raising taxes.\u201d<\/p>\n<h2><a id=\"pml-n-rejoices-sharifs-respect-on-global-scale\" href=\"#pml-n-rejoices-sharifs-respect-on-global-scale\" class=\"heading-permalink\" aria-hidden=\"true\" title=\"Permalink\"\/>PML-N rejoices Sharif\u2019s \u2018respect on global scale\u2019<\/h2>\n<p>Responding to the report, the PML-N said the party chief\u2019s work had \u201cearned him widespread praise in the international media\u201d and \u201crespect on a global scale!\u201d<\/p>\n<p>Nawaz has amped up election tactics along with PPP Chairman Bilawal Bhutto-Zardari as politicians race towards the Feb 8 polls.<\/p>\n<p>He has vowed to usher a new age of development, promising that no youth will be \u201cunemployed\u201d if he is elected.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The PML-N delivered the \u201cbest performance in managing the economy over the past three decades\u201d compared to its political rivals, according to a report from Bloomberg Economics. The report issued a day ago said that the PML-N \u201cscored better\u201d than the PTI and the PPP when using a combination of unemployment and inflation data called [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":51465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/i.dawn.com\/large\/2024\/01\/23145711465d0b5.jpg?r=145747","fifu_image_alt":"","footnotes":""},"categories":[192],"tags":[],"class_list":["post-51464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-islamabad-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"The PML-N delivered the \u201cbest performance in managing the economy over the past three decades\u201d compared to its political rivals, according to a report from Bloomberg Economics. 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