PPP

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PPP

Purchasing Power Parity

The theory stating that, in an efficient market, the exchange rate of two currencies results in equal purchasing power. That is, if one pound is worth two dollars, one pound in England should buy the same amount in goods and services that two dollars can buy in the United States. Fixed exchange rates, taxes, and other inefficiencies are thought to disrupt purchasing power parity. Some theorists believe the idea holds most true when comparing countries or regions with similar standards of living.
References in periodicals archive ?
According to a statement released by MQM, former president and Pakistan People's Party (PPP) cochairman, in the contact on phone on Saturday, opined that Urdu speaking community holds the same right on Sindh as the Sindhi speaking community.
Currently, Pakistan People's Party has 9100 points, Pakistan Muslim League Functional 1100 points, Pakistan Muslim LeagueNawaz 800 points and National Peoples Party 200 points.
Pakistan People's Party doesn't support the PTI's demand for vote recount in four constituencies.
Latif Khosa submitted a petition in Anti-Terrorism Court Rawalpindi pleading that Pakistan People's Party should be allowed to become a party in the Benazir Bhutto murder case.
The Pakistan People's party (PPP) believes in accountability, but it should be across the board and must not result in political victimisation.
He said that the complaint of Pakistan People's Party leader Makhdoom Amin Fahim is unjustified, as the party's parliamentary leader Syed Khurshid Shah has been invited to the conference.
Pakistan People's Party-Sherpao (PPP-S) leader Aftab Ahmed Khan Sherpao asked the Pakistan People's Party (PPP) government to reject the bill saying the US wants to 'involve itself in the micromanagement of the country'.
ISLAMABAD -- Pakistan People's Party chairman Bilawal Bhutto Zardari returned to Karachi from Dubai on Friday to address major party rallies through video conferencing due to security threats.
ISLAMABAD -- Election Commission has asked Jahangir Badar to present record for the registration of the name of Pakistan People's Party.
Summary: In a message on completion of the first year of the Pakistan People's Party or PPP government on Wednesday, President Asif Ali Zardari has said the government has taken new initiatives for achieving economic stability, building national reconciliation, fighting militancy and for bringing peace and stability in the region.
ISLAMABAD -- Senior Pakistan People's Party (PPP) leader, Sharjeel Memon said Thursday that some elements were hatching conspiracies by upsetting law and order situation in Karachi but such conspiracies would be foiled with support of the masses.
ISLAMABAD -- President of Pakistan People's Party Parliamentarians and Senior Federal Minister for Commerce Makhdoom Amin Fahim has expressed his grief over sudden death of the Party worker and Provincial Minister for Sind, Rafiq Engineer.

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