What's new

Economic Survey 2020-21

hydrabadi_arab

FULL MEMBER
Jul 31, 2015
343
0
448
Country
Pakistan
Location
Pakistan
One thing the Shaikh Chillis like to ignore is that the Nominal GDP of Pakistan has been wiped out by $50 billion in the first 2-years. The Shaikh Chillis then compare the smaller GDP figure with debt and what not and say, Hey look, the gap is shorter now.

Pakistan Tehrik-e-Baqwas has destroyed the economy, imposed poverty, lost Indian Occupied Kashmir, lost Pakstani allies and friends, lost democracy and lost respect and value of Pakistan all over the world.

All this happened just because a day dreaming Mangu wanted the kursi who can't even give a coherent speech without mumbling like a retard.
That was fake overvalued rupee rate, its the reason we are in this mess.
 

Patriot forever

FULL MEMBER
Jun 2, 2020
1,603
3
3,121
Country
Pakistan
Location
Pakistan
Points to note for illiterate. (Sir not for you as you are doing it on purpose rather than lack of knowledge i presume)

A major part of it is because currency is not artificially manipulated and foreign loans are not claculated at 100-120Rs. Substract 3-4t on that account as the loan has to returned in dollars not rupees.

Corona relief of 2t rupees (as compared to India rise in debt to gdp ratio increase from 74% to 90%, Pakistan just went up just around 2% better than most 1st world countries during corona)

Interest payment was way more than plmn that contributed to majority of that 10t. ( In 2018 short term debt was 52% of the total debt that has been rolled over and now stands at 28% with rest being long term)

As of now governemnt has a primary surplus ( governemnt income without accounting for interest payment on previous debt) of around 450b which was never there in plmn term.
 

Norwegian

BANNED
Aug 19, 2014
15,077
8
23,345
Country
Pakistan
Location
Norway
Points to note for illiterate. (Sir not for you as you are doing it on purpose rather than lack of knowledge i presume)

A major part of it is because currency is not artificially manipulated and foreign loans are not claculated at 100-120Rs. Substract 3-4t on that account as the loan has to returned in dollars not rupees.

Corona relief of 2t rupees (as compared to India rise in debt to gdp ratio increase from 74% to 90%, Pakistan just went up just around 2% better than most 1st world countries during corona)

Interest payment was way more than plmn that contributed to majority of that 10t. ( In 2018 short term debt was 52% of the total debt that has been rolled over and now stands at 28% with rest being long term)

As of now governemnt has a primary surplus ( governemnt income without accounting for interest payment on previous debt) of around 450b which was never there in plmn term.
PTI also paid back most debt in shortest amount of time, compared with your Pmln and Ppp, Khota Biryani
6A7CBD9D-3532-47E3-8276-463768E47CEC.png
517BFD31-7980-42A8-9340-84302345DAA0.jpeg
 

FOOLS_NIGHTMARE

SENIOR MEMBER
Sep 26, 2018
6,835
21
16,304
Country
United Kingdom
Location
United Kingdom
PTI also paid back most debt in shortest amount of time, compared with your Pmln and Ppp, Khota Biryani
So why the debt liabilities are still far more and higher!
When Dr baker raised the interest rates from 5% to 13.75% the interest liabilities increased nearly three folds, it washed away the funds for PDSP. And the icing on the cake when he devalued the Rupee by nearly 50% increased the debt liabilities in rupee terms by the same amount leaving absolutely no fiscal space.
Abruptly disrupting PMLN Govt by the Elites was a cardinal mistake, the ghost will haunt the selectors for the rest of their lives.
The Debt Pmln took helped in massive developmental projects like rapid power generation projects(12000MW), Network of Motorways(1700km), Hospitals, Colleges, Ports developments, City developments, Agriculture, Higher Education, Railways, Low inflation, Higher GDP, High foreign reserves, Employment opportunities, Loans to small businesses etc etc.
One day the truth shall prevail inshallah.
 

Norwegian

BANNED
Aug 19, 2014
15,077
8
23,345
Country
Pakistan
Location
Norway
So why the debt liabilities are still far more and higher!
They are on downward spiral in case you didn't notice
634C6630-9E61-4AF6-8D8C-47C46CF03077.jpeg

When Dr baker raised the interest rates from 5% to 13.75% the interest liabilities increased nearly three folds, it washed away the funds for PDSP. And the icing on the cake when he devalued the Rupee by nearly 50% increased the debt liabilities in rupee terms by the same amount leaving absolutely no fiscal space.
It was the only way to stop further bleeding of current account and foreign reserves as left by your experienced Khota Biryani govt
74C94FFD-CEB1-4B15-9695-233DE9C03CA0.jpeg
4E6B0AE0-D895-47BF-85F5-2F563B0F344D.jpeg

Abruptly disrupting PMLN Govt by the Elites was a cardinal mistake, the ghost will haunt the selectors for the rest of their lives.
Continued Pmln govt policies would have resulted in 20 billion dollar current account deficit each year. Who was gonna fund Pakistan 20 billion USD a year? Your Mian Mafroor from London?
0104AD19-10C8-443A-85F9-00C247B99095.jpeg
 
Last edited:

FOOLS_NIGHTMARE

SENIOR MEMBER
Sep 26, 2018
6,835
21
16,304
Country
United Kingdom
Location
United Kingdom
Your chart is older. Pakistan's debt and liabilities as percentage of Gdp are going down now
Older what ten minutes, lol.
I am very worried when the Travelling restrictions are removed and State bank has to allocate extra forex of 5 billion dollars and when SA opens an additional sum will be required for Haj and Umara in Billions per month. All these PHONY reserves will be really tested.
 

Norwegian

BANNED
Aug 19, 2014
15,077
8
23,345
Country
Pakistan
Location
Norway
Older what ten minutes, lol.
I am very worried when the Travelling restrictions are removed and State bank has to allocate extra forex of 5 billion dollars and when SA opens an additional sum will be required for Haj and Umara in Billions per month. All these PHONY reserves will be really tested.
Phony reserves?
Yeah Yeah when Mushy first thought about it and Pervaiz Elahi was planning on it everything was just fine.
No it wasn't. As long a debt funded project is able to pay back itself, it cannot be called economically sustainable regardless of who started it
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom