RBI’s Balance Sheet Expands to 2.5 Times the Size of Pakistan’s GDP
In a striking indicator of economic disparity, the Reserve Bank of India’s (RBI) balance sheet has reached a size that is 2.5 times larger than the entire GDP of Pakistan.
On the other hand, Pakistan’s GDP is estimated to be around USD 350 billion (INR 28.56 trillion), highlighting a stark contrast in economic magnitudes.
Several factors contribute to this disparity. India’s economic policies, aimed at fostering growth, have resulted in substantial foreign investments and a burgeoning services sector.