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What is another word for PIB?

Pronunciation: [pˈɪb] (IPA)

The PIB, or Gross Domestic Product (GDP), of a country is a measure of its economic output. There are several synonyms for the term PIB, including "national income," "national product," "economic activity," and "economic output." These terms are often used interchangeably in economic discussions and reports. Other related terms that can be used include "market value," "aggregate demand," "economic growth," and "economic development." Understanding the different synonyms for the PIB is important because it allows economists, policymakers, and other stakeholders to accurately measure an economy's performance and make informed decisions about its future development. Additionally, these terms can be used to provide a comprehensive understanding of a country's economic landscape.
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Synonyms for Pib:

What are the paraphrases for Pib?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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  • Independent

    • Proper noun, singular
      FRP, HRS.

What are the hypernyms for Pib?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Pib

  • Penguins survive on iceberg and if the iceberg is melting, then there is a serious danger to their survival . Today our association faces similar dangers. The iceberg of PENGASSAN is melting and melting very fast. Today our industry is facing severe challenges such as unprecedented levels of oil theft and insecurity; divestment on industry scale; underfunding of programme budgets; unending reforms in the petroleum industry and fears around the Petroleum Industry Bill (PIB); discussions on the right model for the refineries; insecurity of lives and property; suspension of new investments due to delayed passage of the PIB; unfair and outdated labour laws; expansion of free trade zones etc. As if these are not enough, our Union is also facing great internal challenges and complexities. These challenges have dire implications for PENGASSAN as an effective Union and an influential social partner. They are also great dangers to our us, our families, our industry and our nation.
    Chika Onuegbu
  • As Nigeria continues to dither over the Petroleum Industry Bill, which has been in the Nigerian National Assembly since 2009 as aforementioned, Ghana her neighbour (who just joined the Petroleum Club not too long ago) on August 4 2016 passed its own petroleum bill, i.e. the Petroleum (Exploration and Production) Bill, 2016 into law in a bid to attract investments. Chika Onuegbu in his 2016 paper titled The Challenges and Implications of a Post PIB Nigeria for the Oil and Gas Workers
    Chika Onuegbu

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