GDP never shranked. It's only Patwari narrative built on non understanding of macro economics. Patwaris measure economy in dollars when Pakistan's economy is run on rupees. Patwaris believe by having an overvalued exchange rate, economy looks great in dollars but in reality it's manipulation of numbers, their main expertise
I don't want to believe you have a habit of lying, I believe you are just a die-hard who refuses to believe in facts and figures because of your alignment but here is the fact on GDP:
Again, although I want to believe that you are not a liar or a deceitful person, the way you post things it makes me wonder but I still give you the benefit of the doubt. GDP world over is recorded and used in USD which is the stable factor across the globe where as for a country like Pakistan GDP in local currency would not reflect the ground reality because of massive devaluation and would actually paint an incorrect picture.......unless presented in terms of the Debt which also have been added in the same period, from Rs. 25,000 Billion to Rs. 45,000 Billion by PTI!!!!
I think his passport and NICOP had either expired or he did not have either or both but it does not mean he wasn't a Pakistani National. He was still a Pakistani National and just had his documents renewed.
Gdp growth shrank not Gdp itself Patwari. It had to be done to stabilize Pakistan's current account deficit disaster left by your favorite Patwari regime
There was massive devaluation because currency was already massively overvalued by your favorite Patwari regime
So don't artificially overvalue currency if devaluation is such a problem Patwari
The one seemingly legit criticism of Mr. Dar from PTI supporters here is that he artificially propped up the currency by burning borrowed money. If this claim is true, then their peeve is understandable.
You retard braindead youtiye if only you had some schooling and some family background instead of just bullshit to prove your upbringing and indecent culture. The GDP actually shrank when it retarded from 315 Billion to 286 Billion but because you obviously never went to a school, or a decent one at that, you obviously cannot do basic math.
No, it didn't Patwari. Devaluation doesn't cause Gdp to shrink nor does overvaluation cause Gdp to grow
Here are net reserves as left by your favorite Patwari regime
And you are just propagating Pmln propaganda
Patwaris like @Mav3rick keep crying about devaluation under PTI govt but never speak of massive overvaluation during their favorite Pmln govt that led to this massive devaluation during PTI govt. Debating them is like debating with a concrete wall. They only look at symptom (devaluation) but never the cause (overvaluation)The one seemingly legit criticism of Mr. Dar from PTI supporters here is that he artificially propped up the currency by burning borrowed money. If this claim is true, then their peeve is understandable.
Has Mr. Dar or anyone from PLM-N given a good explanation to refute this claim from PTI?
Speaking of GDP representation, PPP is a better for domestic comparison than nominal numbers in $ terms. Has this increased under PTI?
Mifta Ismail, who is the current finance minister stated in an interview with Muzamil Hasan Zaidi that artificially propping up the rupee was a mistake. This is the interview down below.The one seemingly legit criticism of Mr. Dar from PTI supporters here is that he artificially propped up the currency by burning borrowed money. If this claim is true, then their peeve is understandable.
Has Mr. Dar or anyone from PLM-N given a good explanation to refute this claim from PTI?
Speaking of GDP representation, PPP is a better for domestic comparison than nominal numbers in $ terms. Has this increased under PTI?
Yes, no doubt it was a mistake. It deceives the population into thinking that they are richer than reality.
This stupid policy was the reason why our IT industry couldn't grow, this retarded policy lead to a significant decline in our exports while imports grew rapidly.Yes, no doubt it was a mistake. It deceives the population into thinking that they are richer than reality.
