AIR INDIA’S BOEING & AIRBUS DEALS ARE WORTH ALMOST HALF OF PAKISTAN’S GDP
Photo courtesy: Republic World
Air India, the Tata Group-owned airline, is buying 470 planes at a total estimated outlay of roughly $150 billion, which is an amount that is near equivalent to half the GDP of Pakistan. According to the World Bank, Pakistan’s GDP was pegged at $346.28 billion in 2021, compared to India’s $3.18 trillion in the same year. What’s more, the two agreements combined are worth 50 times higher than Pakistan’s forex reserve, which stood below $3 billion earlier this month.
- 15 Feb 2023
- WerIndia
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