News India

Goldman Sachs has released a report on the future of the world's biggest economies, and it contains some exciting projections for India and Pakistan. 

According to the report, India's economy is expected to become four times larger than Pakistan's by the year 2075. Currently, India's GDP is nine times larger than Pakistan's, but this gap will gradually close over the next few decades. Despite this, India is projected to remain the second-largest economy in the world, with a GDP of 52.5 trillion dollars by 2075. 

Meanwhile, Pakistan's economy is expected to grow significantly in the coming years, although it will still be much smaller than India's. Pakistan is projected to become the sixth-largest economy in the world by 2075, with a GDP of 12.3 trillion dollars. This represents a massive increase compared to its current GDP of just 377 billion dollars. The report predicts that Pakistan's economy will double in size every decade from 2020 to 2075, reaching 0.6 trillion dollars by 2030, 1.6 trillion dollars by 2040, 3.3 trillion dollars by 2050, 6.1 trillion dollars by 2060, and 9.9 trillion dollars by 2070. 

In summary, the Goldman Sachs report paints a picture of significant economic growth for both India and Pakistan in the coming decades. However, it underscores that India will continue to hold the reins as the dominant economic power in the region.