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quantum of consumption

Pakistan has highest quantum of consumption among emerging economies: minister

ISLAMABAD: Minister for Planning and Development, Makhdum Khusro Bakhtyar on Wednesday said quantum of consumption in Pakistan was at 93 percent of the gross domestic product (GDP), the highest among the emerging economies. "Saving rate in Pakistan is less than half of other countries of the region," he said while addressing the inaugural session of a three-day 34th Annual General Meeting and Conference of Pakistan Society of Development Economists that began in Islamabad on Wednesday. The planning minister said the…