Global Economic Growth and Commodity Super-Cycle

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Questions and Answers

What was the growth percentage of Furniture Products during Jul-Mar FY2023?

31.68%

48.26% (correct)

34.82%

2.47%

What was the growth percentage of Large Scale Manufacturing during Jul-Mar FY2023?

48.26%

10.6%

34.82%

-8.11% (correct)

What was the growth rate of the Mining and Quarrying sector during FY2023?

4.4%

10.6%

7.0%

-4.4% (correct)

What was the growth percentage of Leather Products during Jul-Mar FY2023?

2.47% Signup and view all the answers

Which two countries are experiencing high inflation?

United States and United Kingdom Signup and view all the answers

What was the growth percentage of Wearing Apparels during Jul-Mar FY2023?

31.68% Signup and view all the answers

What is the current state of inflation in the United States and the United Kingdom?

It is at its worst in decades Signup and view all the answers

What is increasing in the international market?

Prices Signup and view all the answers

What is the general trend in the economy?

The general price level is still increasing Signup and view all the answers

What is the relationship between the trajectory of food and fuel and the economy?

They are directly related Signup and view all the answers

What was the consequence of the Russia-Ukraine war on the global demand-supply balance?

A severe disruption leading to a commodity super-cycle Signup and view all the answers

What was the global economic growth rate in 2021?

6.2 percent Signup and view all the answers

What was the impact of the commodity super-cycle on the global economy?

A slow down of global economic growth Signup and view all the answers

What was the current year's global economic growth rate?

2.8 percent Signup and view all the answers

What was the cause of the slow down of global economic growth to 2.8 percent in the current year?

The Russia-Ukraine war Signup and view all the answers

What was the domestic debt of Pakistan at the end of March 2023?

Rs. 35,076 billion Signup and view all the answers

What was the external public debt of Pakistan in terms of US dollars at the end of March 2023?

US$ 85.2 billion Signup and view all the answers

What was the ratio of domestic debt to external public debt in Pakistan at the end of March 2023?

1.45:1 Signup and view all the answers

What was the total public debt of Pakistan at the end of March 2023?

Rs. 59,247 billion Signup and view all the answers

What was the percentage of external public debt in terms of total public debt at the end of March 2023?

41% Signup and view all the answers

What is the purpose of formulating a Multi-sectoral National Nutrition Policy?

To reduce the level of malnutrition and mainstream nutrition in national development plans Signup and view all the answers

Who is supporting the formulation of the Multi-sectoral National Nutrition Policy?

Nutrition partners Signup and view all the answers

What is the expected outcome of the Multi-sectoral National Nutrition Policy?

Reduction in malnutrition and mainstreaming of nutrition Signup and view all the answers

What is the focus of the Multi-sectoral National Nutrition Policy?

Multi-sectoral nutrition planning and programming Signup and view all the answers

Why is the Multi-sectoral National Nutrition Policy important?

To reduce malnutrition and improve national development Signup and view all the answers

Study Notes

Economic Growth

Global economic growth slowed down to 2.8% in 2023, compared to 6.2% in 2021, due to the Russia-Ukraine war's disruption of the global demand-supply balance.

Large Scale Manufacturing

Furniture Products recorded the highest growth of 48.26% during Jul-Mar FY2023.
Wearing Apparels grew by 31.68% during the same period.
Footballs saw a growth of 34.82% during Jul-Mar FY2023.
Leather Products grew by 2.47% during the same period.

Mining and Quarrying Sector

The sector experienced a negative growth of 4.4% during FY2023, compared to a dip of 7.0% last year.

Inflation

The United States and United Kingdom experienced their worst inflation in decades, leading to higher food and fuel prices in the international market.

National Debt

Domestic debt stood at Rs.35,076 billion at the end of March 2023.
External public debt stood at Rs.24,171 billion or US$ 85.2 billion at the end of March 2023.

Nutrition Security

A Multi-sectoral National Nutrition Policy (MS-NNP) has been initiated to ensure nutrition security and reduce malnutrition.
The policy aims to mainstream nutrition in national socio-economic development plans.

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Description

This quiz assesses your understanding of the impact of the Russia-Ukraine war on the global economy, including the disruption of the demand-supply balance and its effects on economic growth.